ELECTRICA
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Government Cancels EUR51M Risk Coverage Guarantee For Enel-Electrica Deals
The Romanian government has decided to cancel a EUR51 million risk coverage guarantee in favor of Italian utility Enel for the privatization of two Electrica branches and wire the funds to t...
Nationwide Electrification Would Cost Romania EUR211M
Romania would need to invest some EUR211 million to connect some 60,600 unconnected households to the national power grid, Thursday said Marian Geanta, development manager of state-owned ele...
How Money Invested In Building A Wind Farm Is Spent
Electrica, the largest state-owned energy supply and distribution company, which will also become an energy producer next year, says it had to revise its investment plans for a wind power fa...
Electrica Delays Wind Farms Start Date Over Red Tape
Electrica will not be able to start operations at its planned wind farms in Constanta and Galati counties until 2012, due to delays in getting permits from the regulatory authorities, the co...
Electrica Wants EUR90M Turbines For Upcoming Wind Farm
Electrica, the largest electricity distributor and supplier owned by the Romanian state, wants to buy wind turbines worth EUR93 million, VAT not included, to equip a 50 MW farm located in Fr...
Electrica To Sell Remaining Stakes In Enel Muntenia Units
State-run energy company Electrica plans to sell its remaining shares in power distributors Enel Energie Muntenia and Enel Distributie Muntenia and will ask Italy’s Enel to present an offer...
Electrica To Buy 15 Turbines For Galati Windfarm
Romanian state-run power distributor Electrica will purchase 15 wind turbines with a total capacity of around 45 MW for its windfarm in eastern county of Galati, the company said in a letter...
Romania To Merge Three Power Suppliers Under Electrica
Romania’s government plans to merge three electricity suppliers into a single unit running under state-owned electricity supplier Electrica, according to an official government document obta...