OUR HERITAGE
Transgaz S.A.
€179MM Capital Raise and Advised on Gas Pipeline Expansion in Eastern Europe
Delphos provided financial advisory services as part of the feasibility study to assess the viability of two pipeline expansion projects. Seen as a project of critical importance by the E.U. in providing energy security in the region, a grant of €179MM was provided. Delphos provided financial and economic analysis.
Sector
Energy and Natural Resources
Amount Raised
€179,000,000
Deal Type
Capital Raising
Unique Challenge
Increase on bilateral trade and support the energy security throughout the Eastern Europe
Sub-sector
LNG
Year
2019
Type of Financing
Grant
Deal Impact in Numbers
Construction of 475 km and 49.88 km of gas transmission pipelines with capacity of 4.4 bcm of LNG annually, along with three compressor stations
Lender
European Commission
SDGs

Borrower
Transgaz S.A.
Deal Impact in Lives
Provide energy security, as well as assisting Bulgaria, Romania and Hungary in transitioning from coal-fired to natural gas-fired generation
Location
Romania

