Energy
Retele Electrice Romania, Part Of PPC Group, Completes RON66M Modernization Works For Obor Station In Bucharest
Rețele Electrice Romania, part of the Public Power Corporation (PPC) group in Romania, has completed modernization works for the Obor Station, one of the most complex electricity distributio...
PPC Set To Invest EUR24B By 2030, Including In Romania
Greece’s Public Power Corporation (PPC) Group, which is also present in Romania, has announced a strategic plan by 2030, which entails total investment of about EUR24 billion, partly paid fo...
Transgaz Proposes RON2.13 Dividend Per Share For 2026
National gas transmission company Transgaz’s (TGN.RO) Board of Directors has proposed to shareholders a gross dividend of RON2.13 per share for the 2025 fiscal year, subject to approval at t...
Transelectrica Budgets RON914M Investments In 2026, Over 30% Higher YoY
National grid company Transelectrica (TEL.RO) has budgeted RON914 million investments for 2026, 30% more than in 2025, when its capital spending stood at RON691 million.
JPMorgan Advised Premier Energy In EUR700M Deal To Buy Distributie Energie Oltenia
JPMorgan, the largest bank in the United States by assets, served as the financial advisor to Premier Energy (PE.RO) in the approximately EUR700 million deal to acquire Distributie Energie O...
Premier Energy Set to Take Over Distributie Energie Oltenia from Macquarie Asset Management Funds in around EUR700M Deal
Premier Energy PLC has signed an agreement to take over Distributie Energie Oltenia S.A. (DEO) from funds management by Macquarie Asset Management.
European Commission Launches Investigation Into Romanian State Aid For Cernavoda 1 Nuclear Reactor
The European Commission has opened an in-depth investigation to assess whether Romania’s planned state aid to support the refurbishment and lifetime extension of Unit 1 of the country's Ce...
Transelectrica Manages Nearly EUR51.7M In EU Funding For Three Solar Power And Grid Upgrades Projects
Romania’s national grid company Transelectrica (stock symbol: TEL) manages EUR51.7 million in funding from the National Recovery and Resilience Plan's (PNRR), the REPowerEU component, to imp...
Lukoil-Owned Petrotel Refinery Set to Be Restarted
Petrotel Ploiesti refinery, owned by Lukoil, will be restarted in 45 days after Romania got a derogation from the US government, announced Romanian energy minister Bogdan Ivan.