En+ Group Metals business attracts 45 billion rouble loan to finance Taishet aluminium smelter construction
RUSAL, the Metals business of En+ Group (LSE: ENPL; MOEX: ENPG), the world’s largest producer of low carbon aluminium and independent hydropower, announces it has signed a 45 billion rouble syndicated credit agreement with VTB and Gazprombank. First tranches of the loan are already being utilised. The funds will be used to finance capital expenditures for the completion of the first launch complex at the Taishet aluminium smelter (TaAZ).