The license will allow EFSA to trade electricity on the wholesale market in Hungary, including the derivatives market, Electrica said in a statement.
The European Investment Bank (EIB) said last month that it provided a EUR 90 million (USD 101.6 million) long-term loan to Distribuie Energie Electrica Romania (DEER), a subsidiary of Electrica Group, to upgrade electricity distribution networks, deploy smart meters and accelerate renewable energy connection.
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