Energy
EFT Romania, EFT AG Sue Euro Insol For Terminating Their Energy Deals With Hidroelectrica
Electricity suppliers EFT Romania and EFT AG (Switzerland) have sued firm Euro Insol, the legal administrator of insolvent Hidroelectrica, for terminating the direct energy sale contracts th...
Hidroelectrica Cancels Deals With Energy Traders
Romanian Prime Minister Victor Ponta said Wednesday that state-owned power producer Hidroelectrica has cancelled all bilateral deals, but people close to the matter told MEDIAFAX that the co...
China Huadian To Invest Over $1B In New Power Plant At Rovinari
China Huadian Engineering will invest over $1 billion in the construction of a power plant with a capacity of at least 500 MW at Romanian state-owned thermal power producer CE Rovinari, the...
Espe Energia Gets EUR17M Loan From BCR To Build Micro Hydro In N Romania
Romanian bank Banca Comerciala Romana, or BCR, granted a EUR17 million loan to company Espe Energia SRL to construct a micro hydropower facility in Maramures county, northern Romania.
Renewable Energy Investors Got EUR138M Worth Of Green Certificates In 1H
Renewable energy producers got green certificates worth some EUR138 million in the first six months, which is significantly higher than the about EUR95 million they got for the entire last y...
Hidroelectrica Cancels Contract With Energy Holding After Losses Of RON1.4B
Euro Insol, the administrator of Romanian insolvent power producer Hidroelectrica, announced Tuesday that the company has terminated a deal with Energy Holding, responsible for losses of 1.4...
EBRD Considers EUR58.2M Loan For Two Wind Farms In Romania
The European Bank for Reconstruction and Development is considering providing a senior loan of EUR58.2 million to finance the commissioning and operation of two wind farms in Romania, the ba...
Erste Cuts Transelectrica Target Price, Recommends Buy
Austria’s Erste Group Bank Tuesday cut by 22% to 15.2 lei (EUR3.27) a share its 12-month target price on Romanian power grid operator Transelectrica (TEL.RO) and raised its recommendation to...
Alpiq To Review Business In Romania After Energy Deals With Hidroelectrica Cancelled
Swiss electricity supplier Alpiq said it will review its business in Romania after state-owned hydropower producer Hidroelectrica terminated the direct sale energy deals signed with its loca...