NewzCEC Bank and Exim Banca Românească have finalized a financing agreement totaling RON 289 million, equivalent to EUR 55.15 million, to support the construction of the CET Titan combined heat and power (CHP) plant in Bucharest. This project represents a significant investment in the city's district heating infrastructure.
The new facility is intended to modernize the local energy network, marking the development of the first district heating plant of its kind in the area. The capital injection from these two financial institutions provides the necessary backing for the project's implementation.
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