ELECTRICA
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Romanian Electrica Expects To Sell Green Certificates For EUR210M In By 2017
Romanian state-owned electricity producer Electrica expects to obtain up to EUR210 million between 2012 and 2017 from green certificate sales.
Electrica Has To Recoup EUR380M, But Borrows To Finance Its Activity
Electrica, the only electricity distribution and supply company still in the portfolio of the Romanian state, says it has to recoup RON1.6 billion (EUR380.9 million) from companies to which...
Romania To Sell Majority Stakes In Electrica Units, IMF Says
Romanian government has agreed to sell its majority stakes in three units of state-run power company Electrica and to privatize the country’s planned energy holdings Oltenia and Hunedoara, a...
Romania Holds On To Majority Stake In Electrica - Sources
Romanian government doesn’t agree with the International Monetary Fund’s proposal to privatize the state-run energy company Electrica, but will sell minority stakes in the company’s three di...
IMF Wants Romania To Privatize Electrica - Economy Ministry Official
The International Monetary Fund is not highly interested in replacing low-efficiency thermal power producers with new units through privatization, but there is “pressure” to sell electricity...
Electrica To Announce Wind Turbine Supplier Within Two Weeks
Romanian state-owned electricity distributor Electrica estimates it will have a turbine supplier for the Drumusita wind project within two weeks, the company’s general manager Ioan Folescu t...
Electrica Employees Can Buy Stock In Any Privatized Unit - Draft
The employees of Romanian state-run energy company Electrica and of the company’s privatized units will be able to buy shares in any of the former subsidiaries, regardless if they worked the...
Electrica Says Employees Could Pay EUR200M For 10% Stakes In Enel, E.ON Units
Romanian state-run energy company Electrica estimates revenues of at least EUR200 million from the sale of minority stakes in the local units of Italy’s Enel and German E.ON to the employees...
Enel Evaluates Electrica’s Stakes In Enel Muntenia Units At EUR388M
Romanian Electrica’s remaining shares in two power companies controlled by Italian utility Enel have been evaluated at EUR388 million, according to a report released by Enel Investment Holdi...