Rosbank Provides Credit Facilities to Far-Eastern Generating Company
OREANDA-NEWS. Rosbank will open two non-revolving credit facilities to the JSC "Far-Eastern Generating Company" with the total amount of RUB 3bln that is a part of the RAO "Energy System of East" holding (RusGigro group). The Agreement became the result of Rosbank's victory in the tender that was conducted with participation of two state banks. The raised funds will be spent by the company on preparation to the heating season and purchased fuel.
Far-Eastern Generating Company is the biggest actor on the energy market of the Far East. The company produces heat and electrical energy, provides centralized heating supply to the south of the Far East region. The share of electricity production in the united electric energy system of the Far East totals 70% in average.
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