February 5, 2025
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Clifford Chance advised Erste Group and BCR on financing the development of a 99.2 MW onshore wind project acquired by Nala Renewables from OX2
Petre Barac Posted On August 19, 2024


A multijurisdictional Clifford Chance team has advised Erste Group Bank AG and BCR on financing the development of a 99.2 MW onshore wind project acquired by Nala Renewables from OX2. The deal includes a long-term power purchase agreement with a […]


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Rețele Electrice auctions works worth 45.8 million RON for network modernization in Hudedoara County
Petre Barac Posted On August 19, 2024


Rețele Electrice Banat announces it will modernize the electricity distribution infrastructure in the city of Geoagiu and nine other adjacent localities in Hunedoara County; the modernization works are to be awarded through a public tender. The company Rețele Electrice Muntenia, […]


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Rețele Electrice companies to acquire three-phase reclosers valued at up to 19.3 million RON for medium voltage network infrastructure
Petre Barac Posted On August 13, 2024


Rețele Electrice companies are organizing a tender through the public platform SEAP for the acquisition of medium voltage three-phase reclosers, with the goal of ensuring a modern electrical network capable of meeting the growing demands of consumers and current challenges. […]


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Transilvania Investments posts net profit of 73.9 million RON, up 41.1 percent in first half
Petre Barac Posted On August 13, 2024


Transilvania Investments reported a net profit of RON 73.91 million in the first half of 2024, 41.1 percent higher compared to the same period last year. Revenues also increased to RON 93.21 million, up by 40.21 percent compared to June […]


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The Ministry of Energy signed 27 financing contracts worth over 138 million RON for investments in the industrial sector
Petre Barac Posted On August 7, 2024


The Ministry of Energy signed today 27 financing contracts, totalling 138.2 million RON, within Investment 5 of PNRR – Component 6 Energy – Ensuring energy efficiency in the industrial sector. “Through this measure, we ensure that the industrial sector in […]


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Editor Choice  / Energy  / Finance  / Investments  / Latest News
EBRD and Eiffel Investment Group to provide 24.4 million euros funding to INVL Renewable Energy Fund I for construction of 60 MW solar power plant in Romania
Petre Barac Posted On August 5, 2024


The European Bank for Reconstruction and Development (EBRD), together with Eiffel Investment Group, will provide 24.4 million euros funding to INVL Renewable Energy Fund I, a fund investing in renewable energy projects, of INVL Asset Management, a leading alternative asset […]


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iO Partners finalizes development management for 126 MW solar farm in Dambovita
Petre Barac Posted On August 5, 2024


iO Partners has successfully provided development management services for a 126MW solar farm in Văcărești, Dâmbovița County. The high-capacity project has started being developed for the local investors in 2021 and was recently acquired by the renewable energy company DRI, […]


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Rețele Electrice companies attract new European funding for investments in distribution infrastructure
Petre Barac Posted On August 2, 2024


The Ministry of Energy and the companies Rețele Electrice Muntenia, Rețele Electrice Banat and Rețele Electrice Dobrogea (part of the PPC Group in Romania) have signed three new non-reimbursable financing contracts through the Modernization Fund, for projects targeting the electricity […]


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DEER signs new contracts for 1 billion RON financing from the Modernization Fund to accelerate investments
Petre Barac Posted On August 2, 2024


Distribuție Energie Electrică Romania – DEER signed five new financing contracts through the Modernization Fund, with a total value of almost 1 billion RON. These new non-refundable financing contracts will support the realization, at an accelerated pace, of some necessary […]


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Delgaz Grid signs four new financing contracts worth 932 million RON from the Modernization Fund
Petre Barac Posted On August 2, 2024


Distribution company Delgaz Grid, part of the E.ON group in Romania, signed four new financing contracts, totaling approximately 932 million RON, for projects to modernize and develop the distribution system of electricity in the Moldova area where the company operates […]


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