The funds will be used to pay bills due for the bonus scheme for energy produced in high-efficiency cogeneration units, Transelectrica said in a statement Thursday.
The Economy Ministry owns 59% of Transelectrica, while Fondul Proprietatea (FP.RO) holds a 15% stake. On the Bucharest market, Transelectrica shares traded up 2.9% Thursday morning. (EUR1=RON4.4642)