Siberia | Energy, utilities | Finance, business

Gazprombank to loan $85.6m to Irkutskenergo

22 Oct '09
Gazprombank has been announced the winner of an open tender, held by Irkustk region energy supplier Irkutskenergo, for an $85.6m loan contract, the bank reports.

The loan terms and interest rate have yet to be disclosed.

Under plans, the funds are to be used to finance the firms current operations.

The other bidder at the auction was Svyaz-Bank.
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Locations: Irkutskaya oblast

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