Energy
Kazakh-Romanian Energy Investment Fund Takes Out EUR83M Syndicated Loan To Fund New Cogeneration Plant
The Kazakh-Romanian Energy Investment Fund (FIEKR), held by KMG International and the Romanian State, has contracted a syndicated loan of EUR83 million that will be used to fund the construc...
European Commission OKs EUR1.4B For Romania Project Financing Under Modernization Fund
The Modernization Fund is a program of the European Union (EU) aimed at supporting ten Member States to meet 2030 energy targets by helping to modernize energy systems and improve energy eff...
RTG Energy Enters Romania’s Renewable Power Market with OK for EUR40M Solar Park in Giurgiu
RTG Solar Energy, a project company owned by Nidik Holdings Limited of Cyprus, has obtained a technical approval to connect a 70.4 MW solar park of Giurgiu to the network.
Nuclearelectrica, NuScale and E-Infra Sign Memorandum of Understanding to Develop First SMR in Romania
Nuclear power producer Nuclearelectrica (SNN.RO), small modular nuclear reactor (SMR) technology provider NuScale and the E-Infra group of companies on Tuesday signed a memorandum of underst...
Transgaz Signs Agreement With Three Seas Initiative Investment Fund For Up To EUR626M Projects
Romania’s natural gas transmission company Transgaz (TGN.RO) on Tuesday said it concluded a roadmap agreement with The Three Seas Initiative Investment Fund S.A. SICAV-RAIF (3SIIF), a dedica...
EY: Energy Security Concerns Prompt Governments To Focus On Renewable Energy Programs
Governments around the world seek to accelerate and broaden the scope of their renewables programs to help reduce reliance on imported energy, according to the 59th EY Renewable Energy Count...
Utilico Emerging Markets Sells 3.35% in Conpet Ploiesti, Drops to 5%
Oil transmission company Conpet Ploiesti (COTE.RO), majority held by the Romanian government via the Energy Ministry, announced on the Bucharest Stock Exchange on Monday evening that shareho...
First SMR in Romania to Be Built in Doicesti
The first small modular reactor project in the world will be built in Romania, in Doicesti (Dambovita County, southern Romania) Energy Minister Virgil Popescu announced on Monday.
One Herastrau Office Building Reaches 100% Occupancy
Real estate company One United Properties, which develops residential, mixed-use and office real estate in Romania, on Wednesday said the One Herastrau Office office building has reached an...