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2019 News stories

 

TAP Builds New Kindergarten and Renovates 7th School in Albania

TAP Builds New Kindergarten and Renovates 7th School in Albania

31 January 2019

On 30 January 2019, the Trans Adriatic Pipeline (TAP) and the Municipality of Berat inaugurated a new kindergarten in the Dushnik village and a renovated a school in the Veterik village. These projects, which amount to approximately €440,000, are part of TAP’s Social and Environmental Investment (SEI) programme in Albania.

TAP completes successful Euros 3.9 billion project financing

TAP completes successful Euros 3.9 billion project financing

11 January 2019

As one of Europe’s most strategic projects, TAP successfully completed financial close in December 2018, securing Euros 3.9 billion - the largest project finance agreed for a European infrastructure project in 2018. The financing is provided by a group of 17 commercial banks, alongside the EBRD and the European Investment Bank (EIB). Part of the financing is covered by the export credit agencies - bpifrance, Euler Hermes and Sace.