Energy
EY: Renewable Energy Sector Expected to Bounce Back Quickly Despite COVID-19 Impact
The renewable energy sector is expected to bounce back quickly despite the global slowdown caused by COVID-19, as the long-term drivers for investment remain strong, according to the EY Rene...
Electrica, Hidroelectrica And SAPE In Consortium to Buy CEZ Romania
Electrica (EL) intends to form a consortium with Hidroelectrica and Societatea de Administrarea a Particpatiilor in Energie (SAPE) to buy assets of CEZ Romania in what could be the largest d...
Electrica Considers Bidding for CEZ Romanian Assets in Consortium with Hidroelectrica
Romanian state-owned energy utility group Electrica (EL.RO) said Wednesday it was exploring the possibility of bidding for the Romanian assets of Czech utility group CEZ in consortium with h...
Electrica Group Board Approves Merger of Its Three Distribution Companies
Romanian state-owned energy utility group Electrica (EL.RO) said Thursday its board has approved in principle the merger of its three distribution companies, part of its strategy to become a...
Hidroelectrica to Decide on Binding Bid for CEZ Assets on June 25
Romanian state-owned power company Hidroelectrica has asked shareholders to meet on June 25 to approve and file a binding bid for the Romanian assets of Czech energy group CEZ.
Romania To Cancel Deal with China for Nuclear Reactor Builds
Romania's government has officially requested nuclear power producer Nuclearelectrica to end a preliminary deal with China General Nuclear Power Corporation for the construction of two nucle...
OMV Petrom, Eldrive To Install 30 Fast Charging Stations For Electric Cars In Romania And Bulgaria
OMV Petrom, the largest energy company in South-Eastern Europe, and Eldrive, the leading charging points operator in the region, will install 30 fast-charging stations for electric vehicles...
Conpet Ploiesti Seeks to Invest RON3M in Solar Power Production
Romanian state-run oil transporter Conpet Ploiesti (COTE.RO) seeks to invest RON3 million to install solar power production capabilities in five of its locations, according to its 2020-2025...
CEZ Romania Invests EUR59M In Electricity Distribution Division Distributie Oltenia
CEZ Romania, part of Czech-held utility group CEZ, has attracted funds worth EUR59 million from financing from own sources and co-financing from European funds in order to continue investmen...