Transelectrica Seeks RON150M Credit As Buffer On Balancing Market

02.15.2012 By Andrei-Gabriel Circhelan

Romanian power grid operator Transelectrica (TEL.RO) on Wednesday announced it seeks a 150 million lei (EUR34.5 million) credit line to use as buffer for the payment of transactions in the balancing market, when purchase and discount are out of sync.

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