Energy
Electrica’s DEER Announces RON200M Transactions with Hidroelectrica
State-run electricity supplier and distributor Electrica (EL.RO) has notified investors about several transactions between Distributie Energie Electrica Romania (DEER), its subsidiary, and H...
European Commission OKs EUR259M Romanian Scheme To Support Investments In Batteries, Photovoltaic Cells And Panels
The European Commission has approved, under EU State aid rules, a Romanian scheme worth EUR259 million, within the Recovery and Resilience Facility (RRF), which is geared towards supporting...
Nuclearelectrica Extends Interim CFO's Mandate For Four More Months
Nuclearelectrica (SNN.RO), the only nuclear power producer in Romania, has extended the mandate of Dan Niculaie-Faranga as interim Chief Financial Officer (CFO) of the company for another fo...
Clifford Chance Badea Advised BCR, Erste Group Bank On Funding Acquisition Of Jade Power Trust's Renewables Portfolio By Enery Power Holding
Clifford Chance Badea advised the bank syndicate including Banca Comerciala Romana S.A. and Erste Group Bank AG in connection with the financing of the acquisition by Austrian group Enery Po...
Enery Power Holding Signs Senior Credit Facility To Acquire Renewables Portfolio Held By Jade Power Trust In Romania
Austrian company Enery Power Holding, also present in the Czech Republic, Slovakia and Bulgaria, has signed a senior term loan and revolving credit facilities agreement for the acquisition o...
Foraj Sonde Videle Signs $78M Contract with OMV Petrom
Onshore drilling company Foraj Sonde Videle (FOJE.RO) notified the Bucharest Stock Exchange about the signing of a contract with OMV Petrom (SNP.RO), the only local oil and gas producer and...
Nuclearelectrica Makes RON183.7M Deposit with Eximbank
Nuclear power producer Nuclearelectrica (SNN.RO) placed with Romania’s import-export bank Eximbank a term deposit without extension in the amount of RON183.7 million, the company informed it...
Hidroelectrica Vies for Fourth Position on Romania Energy Supply Market
Hidroelectrica, Romania’s largest energy producer, which also has the lowest production cost, has reached an 8.75% share of the energy supply market, in line with data provided by the energy...
Hidroelectrica Could Build 1,500 MW PV Park in Dabuleni
Romania’s largest electricity producer Hidroelectrica could build a solar park of up to 1,500 MW on a plot of land leased directly from the State Domains Agency (ADS) in the Piscul Sadovei-D...