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MECANICA CEAHLAU - MECF

Application for financing through PNRR for a renewable energy project

Release Date: 6/23/2022 6:29:20 PM

IRIS Code: 4BD4F

COMMUNIQUE

MECANICA CEAHLAU S.A. applied for financing through PNRR for a renewable energy project

u The company is considering developing a photovoltaic powerplant

u The powerplant will have a capacity of about 0.4 MWp and will contribute to reduce emissions by 155 tons of CO2 per year

u The estimated value of the investment is approximately 1,7 million lei

u The project will take 10 months to complete

Piatra Neamt, June, 23^rd, 2022

MECANICA CEAHLAU S.A. has submitted its project „ The achievement of a new capacity to produce electricity from renewable sources of solar energy for Mecanica Ceahlau S.A.” for financing through the National Recovery and Resilience Program. The project aims to develop green energy sources in the Industrial Parc from Piatra Neamt. The investment involves the construction of a photovoltaic powerplant. The energy produced would be used by the company.

Mecanica Ceahlau S.A. is in the portfolio of EVERGENT INVESTMENTS S.A. which manages assets of over 500 million euro

Contact details:

Ilie Mihailescu

E-mail: ri@mecanicaceahlau.ro

MECF_20220623182804_Comunicat-Mecanica-Ceahlau-Cerere-finantare-PNRR.pdf
MECF_20220623182813_Communique-Mecanica-Ceahlau-PNRR-funding-application.pdf

Information provided by IRIS, the news platform of the Bucharest Stock Exchange.

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