Energy
Hidroelectrica Set To Build Solar Park And Green Hydrogen Plant
Hidroelectrica, the largest electricity producer in Romania, plans to build a solar photovoltaic (PV) park and a hydrogen-fueled power plant in central Romania.
Electrica Furnizare Holders OK Total Financing Ceiling Of Up To RON1.7B In 2022
Shareholders of Romanian electricity supplier Electrica Furnizare approved on June 9, 2022 a total ceiling of short-term financing of RON1.5 billion up to RON1.7 billion to be contracted in...
INVL Renewable Energy Fund I Set To Invest EUR120M In Solar Parks In Romania
The INVL Renewable Energy Fund I managed by INVL Asset Management, the leading asset management company in Lithuania, on Monday said it would set off activities in Romania as it plans to inv...
Raiffeisen – UniCredit Consortium Grants EUR65.2M Syndicated Loan To Portugal’s Greenvolt Group
A consortium made up of Raiffeisen Bank International, Raiffeisen Bank Romania and UniCredit Bank Romania has granted a syndicated loan of EUR65.2 million to Portugal’s Greenvolt-Energias Re...
Energy Ministry Proposes Selling Nearly 1% In OMV Petrom To Company Employees
Romania’s energy ministry on Thursday published a draft government decision stipulating the sale to the employees of energy company OMV Petrom (SNP.RO) of a package of shares representing al...
Romgaz Sets Off Production At Three New Onshore Wells In EUR31M Investment
Romanian natural gas producer and supplier Romgaz (SNG.RO) has put into operation the Cosereni drying station, with three wells being put into production, stated energy minister Virgil Popes...
Getica 95 Reports 25% Higher Turnover, Of RON1.9B, For 2021
Energy supplier Getica 95, held by businessman Viorel Tudose, ended 2021 with a turnover of RON1.9 billion, up 25% from RON1.5 billion in 2020.
Transelectrica Completes Over RON60M Renovation Works On Hasdat Transformer Station
Romanian state-owned power grid operator Transelectrica (TEL.RO) on Tuesday said it completed refurbishment works on the 220/110 kV Hasdat transformer station (Hunedoara County), following a...
E.ON’s Delgaz Grid Unveils EUR143M Investments In Distribution Infrastructure Upgrades For 2022
Delgaz Grid, German utility group E.ON's natural gas and electricity distribution company in Romania, on Monday announced investments of RON719 million (EUR143 million) in 2022, mostly to up...