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Detail – Energy Country Profile

Carpatica grants EUR 7 mln financing to Tinmar for solar installation (Romania)

Banca Comerciala Carpatica granted a loan worth EUR 7 million to Romania’s electricity trader and supplier,Tinmar, for a solar installation with an installed capacity of 8.5MW in southern Romania.

The renewable energy department of Tinmar Group pronounced that the investments in solar parks are necessary for the development of electricity generation capacities to ensure flexibility and security of supply.

Source: Romania business review http://business-review.eu  19 March 2014