In Romania, Greek group PPC last year acquired ENEL assets and produces, supplies and distributed electricity, supplies natural gas and provides associated services.
PPC Group (Public Power Corporation) in August announced that it signed an agreement with Evryo Group, owned by Macquarie Asset Management, to acquire their renewable energy generation portfolio in Romania, which comprises 629 MW RES (renewable energy sources) in operation, and about 145 MW in pipeline assets.
The agreement has a total enterprise value of approximately EUR700 million.
The deal needs to be cleared by the Competition Council.
(English version by Catalina Apostoiu)