Articole cu tag-ul: loans, pollution rights

General

State companies offer pollution rights as collateral for loans

Due to debts and loans contracted in previous years, Elcen does not have access to other financing. “Clearly, the emission certificates are an effective way of financing. The condition is that they meet the parameters considered normal on the financial markets in the field,” said Matei Paun, Managing Partner of BAC Investment. Radu Zaciu, Country ...

General

Romania poised to sell part of its pollution rights

Minister of Economy Adriean Videanu said yesterday that the Executive would agree that the funds obtained from selling these CO2 emission rights to partially finance the future state energy giants, which are to appear effectively no earlier than June 2010. Attracting financing from selling “clean air” has so far been applied by several thermo-electric plants, ...