OUR HERITAGE

Transgaz S.A.

€179MM Capital Raise and Advised on Gas Pipeline Expansion in Eastern Europe

Delphos Financial Advisor Transgaz S.A.

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.

Romania, Energy and Natural Resources, LNG, Europe, Capital Raising, 2019, SDG

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

SDG 7 Ensure access to affordable, reliable, sustainable and modern energy for all

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

Romania Transgaz S.A. Financial Advisory Delphos