Electrocentrale Borzesti SRL produces electricity and the companies fully owned by Electrocentrale Borzesti aim to develop several renewable electricity generation capacities, namely four wind farms and a photovoltaic park, which will be built in the north-eastern part of Romania.
RNV Infrastructure SRL is part of the Renovatio Group, a group active through several companies in Romania in the development, generation, marketing, supply and management of renewable energy assets.
OMV Petrom Group carries out exploration and production of crude oil and natural gas, refining and distribution of fuels, electricity generation, as well as natural gas and electricity trading.
In accordance with the provisions of the Competition Law (No 21/1996), this transaction must be authorized by the Competition Council, which will assess it in order to establish its compatibility with a normal competitive environment and will issue a decision within the time limits provided by the law.