Energy
Hidroelectrica’s Valuation Reaches EUR10B
Romania’s largest electricity producer and the largest state-owned company is valued at RON50 billion (EUR10 billion) by the minority shareholder Fondul Proprietatea (FP.RO) in its latest va...
Deloitte Romania Assisted Romgaz In Contracting EUR325M Loan To Buy Exxon's Stake In Neptun Deep Project
Deloitte Romania assisted Romanian natural gas producer and supplier Romgaz (SNG.RO) in obtaining the EUR325 million loan facility from lender Raiffeisen Bank.
Electrica Furnizare To Install 660 Photovoltaic Panels For Cristal Brad Service
Romanian electricity supplier Electrica Furnizare, part of state-owned utility group Electrica (EL.RO), is carrying out for glass processing company Cristal Brad Service the turnkey construc...
Sweden’s OX2 Develops 500 MW Wind Power Projects In Romania
OX2 AB, a Swedish renewable energy company that develops, finance, and manages large-scale solar and wind projects, established an office in Romania in 2021 and is now developing a portfolio...
Restart Energy To Carry Out Over EUR1M Solar Energy Project For Florea Grup
Restart Energy, one of the largest independent energy suppliers on the Romanian market, signed a contract worth over EUR1 million with Alba-based building materials manufacturer Florea Grup...
CE Oltenia: Financing For Future Solar Park And Gas-Fired Power Plant Projects
The Investment Committee of the Modernization Fund has approved Romania’s request for financing for the future gas-fired power plants of state-run energy holding Complexul Energetic Oltenia...
E-Distributie Installs 570 Photovoltaic Panels At Three Substations In EUR500,000 Investment
E-Distributie, the electricity distribution operator part the Enel Group, has installed integrated photovoltaic and storage systems worth approximately EUR500,000 at three primary substation...
Poland’s KGHM Eyes Partnership With Romania's Nuclearelectrica
Poland's state-run mining company KGHM plans to conclude a partnership with Romania's state-run nuclear power producer Nuclearelectrica for the development of small modular nuclear reactors...
Romania Announces EUR1.4B Financing For Strategic Energy Projects
Romania’s energy ministry said the Investment Committee approved on Thursday (April 7) an amount of approximately EUR1.4 billion aimed at funding, from the Modernization Fund, significant pr...