The company wants to contract the loan from OTP, BCR, Banca Transilvania, Garanti, Libra, Raiffeisen, Alpha Bank, ING or Pireus.
Shareholders will discuss the proposals during a meeting on April 29.
Vest-Energo is the only private company producing combined heat and power in Bucharest.
Vest-Energo is 83.8% owned by businessman Constantin Bucur, while the rest of the shares are owned by several legal entities and individuals.