PPC Group recorded an EBITDA of 927 million euro in the first half of the year, up by 57 percent compared to H1 2023. Total investments reached €1.1 bn, including Romania, with a significant increase recorded in Distribution and RES […]
Distribuție Energie Electrică Romania (DEER) launched, through the SEAP public platform, an open tender for the purchase of 1.1 million smart meters, with a maximum value of 371.6 million lei, excluding VAT. DEER accelerates investments in smart meters, obtaining European […]
Deloitte Romania assisted the Turkish energy company Entek Elektrik Üretimi A.Ş., primarily engaged in the green energy sector, in acquiring Romanian companies. These include Eco Sun Niculesti S.R.L., which owns permits, some of which are in the application process, for […]
The rate of return (RRR) of energy distribution and transmission operators, for the fifth regulatory period, is 6.94 percent. This will apply from January 1, 2025. According to ANRE president George Niculescu, ANRE is not a brake on investments and […]
PPC announces that it has entered into a binding agreement with Evryo Group to acquire their renewable energy generation portfolio in Romania, which comprises 629 MW RES in operation, and about 145 MW in pipeline assets. The agreement has a […]
The order approving the Contracts for Difference scheme was published in the Official Gazette. It foresees the development of 1000 MW of onshore wind capacity and 500 MW of solar. “The order approving the Contracts for Difference scheme was published […]
The Danish developer and operator of wind, solar, and hybrid projects, Eurowind Energy, finalized the first half of the 48 MW Pecineaga wind farm infrastructure project. The project in Constanța County is to become operational in 2025 and will supply […]
Romania and Serbia signed today the Memorandum of Understanding regarding the gas interconnector construction project, in an event attended by the Minister of Energy Sebastian Burduja and the Minister of Mines and Energy of Serbia, Dubravka Đedović Handanović. The investment […]
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 […]
Swedish company OX2 has closed an agreement to sell a 99.2 MW onshore wind project in Romania to Nala Renewables, a joint venture between IFM Investors and Trafigura. The agreement includes construction of the wind farm and the contract value […]
