Central Asian Electric Energy Corporation signs agreements with EBRD on more loans for heating upgrade

27.05.16 10:32
/KASE, May 27, 2016/ – Central Asian Electric Energy Corporation (Almaty), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following information statement: quote On May 26, 2016 agreements were signed between CAEEC and EBRD on new loans for upgrading the heating networks in Pavlodar, Petropavlovsk, Ekibastuz. The modernization projects also received support from the government (Nurly Zhol program). EBRD loan, government funds and own CAEEC's investments will increase the central heating's efficiency. unquote [2016-05-27]