On 17 August 2009 CEZ Group has signed loan facility agreement amounting up to EUR 200 million with European Investment Bank (EIB) to support financing of investments into reinforcement and development of distribution grid in the Czech Republic.
Successful completion of the loan facility highlights the strong credit standing of CEZ Group and the continued support it enjoys under the current difficult market conditions. The transaction is further a major step forward in cementing relations between the EIB and CEZ Group for support in future projects.