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Italy’s Alerion Gets Ok for EUR60M Botosani Wind Park
Energy

Italy’s Alerion Gets Ok for EUR60M Botosani Wind Park

The list of projects getting the technical approval to connect to the network is expanding by the month, with the newest wind parks set to start operating including the 75 MW one of Botosani...

Roxana Petrescu · 03.05.2022 · 11:35 · 1 min
Energy Ministry Approves Distribution of RON3.8B Dividends by Hidroelectrica
Energy

Energy Ministry Approves Distribution of RON3.8B Dividends by Hidroelectrica

Romania’s Energy Ministry, as majority shareholder and Fondul Proprietatea as shareholder (20%) of Hidroelectrica approved payment of RON3.8 billion dividends by the country’s largest electr...

Loredana Frățilă-Cristescu · 29.04.2022 · 21:17 · 1 min
Energy Ministry OKs Romgaz Acquisition of ExxonMobil’s Stake in Black Sea Natural Gas Project
Energy

Energy Ministry OKs Romgaz Acquisition of ExxonMobil’s Stake in Black Sea Natural Gas Project

Romania’s Energy Ministry, the majority owner of natural gas producer and supplier Romgaz (SNG.RO), approved the acquisition of US’ ExxonMobil’s stake in the Neptun Deep block in the Black S...

Loredana Frățilă-Cristescu · 28.04.2022 · 21:32 · 1 min
Transgaz Shareholders Approve Dividend with 6.2% Yield
Capital Market

Transgaz Shareholders Approve Dividend with 6.2% Yield

Romania’s natural gas transmission company Transgaz (TGN.RO) shareholders approved the distribution of a gross dividend per share of RON14.82 for the financial 2021, in a general meeting on...

Loredana Frățilă-Cristescu · 28.04.2022 · 20:29 · 1 min
Nuclearelectrica Launches CSR Platform To Promote Clean Energy
Energy

Nuclearelectrica Launches CSR Platform To Promote Clean Energy

Romania's nuclear power producer Nuclearelectrica (SNN.RO) launches the corporate social responsibility (CSR) platform “Nucleus of care”, which follows the strategic directions and the compa...

Ecaterina Craciun · 21.04.2022 · 18:58 · 2 min
Electrica Shareholders Approve RON152.8M Dividends From 2021 Net Profit
Energy

Electrica Shareholders Approve RON152.8M Dividends From 2021 Net Profit

The shareholders of Romanian energy supply and distribution company Electrica Group (EL.RO) approved at their ordinary general meeting on April 20 the distribution of dividends in the amount...

Ecaterina Craciun · 21.04.2022 · 18:39 · 1 min
Electrica Executive Board Approves Electrica Group’s RON750.5M Investment Plan For 2022
Energy

Electrica Executive Board Approves Electrica Group’s RON750.5M Investment Plan For 2022

Electricity distributor and supplier Electrica (EL.RO) on Monday said the Board of Directors approved on April 15 the consolidated value of the Investment Plan (CAPEX) of Electrica Group for...

Ecaterina Craciun · 18.04.2022 · 18:10 · 1 min
Enel X Romania Installs Two Solar Power Plants For Two Selgros Stores
Energy

Enel X Romania Installs Two Solar Power Plants For Two Selgros Stores

Enel X Romania, part of Enel X, the advanced energy services division of Italy’s Enel Group, said in a statement that it put into operation two photovoltaic power plants, with a total instal...

Ecaterina Craciun · 18.04.2022 · 16:43 · 1 min
Romania’s New Offshore Law Reaches Parliament
Energy

Romania’s New Offshore Law Reaches Parliament

Romania’s new offshore law has been submitted to the Parliament on Friday, Energy Minister Virgil Popescu said.

Loredana Frățilă-Cristescu · 15.04.2022 · 17:01 · 1 min