REG - S.N.G.N. Romgaz S.A. - Announcement regarding Iernut Investment
RNS Number : 7942SS.N.G.N. Romgaz S.A.27 June 2018June 27, 2018
A N N O U N C E M E N T
Societatea Nationala de Gaze Naturale "ROMGAZ" S.A. informs its shareholders and investors upon the transfer, by the Ministry of Energy, on June 26, 2018, of RON 20,994,224.14 representing the 1st draw for the Financing Contract no. 4/December 7, 2017 for the "Combined cycle CCTG power plant" - Iernut investment.
The amount was transferred as a result of approving the 1st funding application, submitted, together with the substantiation documents, to the Ministry of Energy - NIP Committee, according to the schedule of the drawings.
Contract no. 4/December 7, 2017 was concluded following a grant award from the National Investment Plan (NIP), for a maximum value of RON 320,912,359, for the "Combined cycle CCTG power plant" investment.
S.N.G.N. Romgaz S.A. is included with the "Combined cycle CCTG power plant" investment in Annex 3 "National Investment Plan" of Government Decision no. 1096/2013, item 22.
Director General,
Adrian Constantin VOLINTIRU
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