Global Trade Alert
Global Trade Alert

Czechia: EIB provides financing for the modernisation of the country's electricity distribution network

Announcement

22 Nov 2021

On 22 November 2021, the EIB granted EUR 400 million (USD 457 million) to Czechia energy company CEZ Distribuce, a.s in order to support its investments in the electricity distribution network.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

22 Nov 2021

Revocation date:

No revocation date

Updated: 22 Nov 2021
State loan In force
On 22 November 2021, the European Investment Bank (EIB) and CEZ Distribuce As signed a loan agreement worth EUR 400 (USD 456) million. The total cost of the project is estimated at EUR 752 million. Ac...
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