Transgaz Set To Team Up With 3SIIF To Attract Up To EUR626M For Gas Hydrogen Blend Transmission Projects

01.25.2022 By Ecaterina Craciun

Shareholders of Romanian state-owned gas natural transmission company Transgaz (TGN.RO) approved on Tuesday (Jan 25) the conclusion of a legal consultancy contract for analyzing and negotiating the legal, financial and commercial terms for the association with the Three Seas Initiative Investment Fund (3SIIF) in order to get financing worth a total EUR626 million for the development of gas hydrogen blend transmission infrastructure projects.

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Keywords:
Transgaz
, Three Seas Initiative Investment Fund
, Project Development