GREEN ENERGY
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EBRD Grants EUR175M Loan to Greece’s PPC to Support Renewable Energy Projects Bulgaria, Greece and Romania
The European Bank for Reconstruction and Development (EBRD) has provided a EUR175 million loan to Greek company PPC, backed by InvestEU program, to support renewable energy projects across Bulgaria, Greece and Romania.
OMV Petrom Enters PPA Market
With 2.5 GW of green energy under development, OMV Petrom, Romania’s sole oil and gas producer, is taking the next step and entering the market of PPAs, long-term green energy contracts.
Electrica and Romgaz Set to Jointly Develop Green Energy Production and Storage Capacities of Up to 400 MW
Electrica and Romgaz will develop together green energy production and storage capacities with an installed power of up to 400 MW, exclusively via greenfield-type projects, on the basis of a...
Spain’s FF Ventures Enters Romania Green Energy Market
FF Ventures, an independent power producer of Spain, has arrived on Romania’s market, where it will develop, in the next three years, 500 MW of solar projects and 500 MW of energy storage on...
OMV Petrom Seals Green Energy Supply Agreement with Saint-Gobain Romania
OMV Petrom, the largest integrated energy producer in Southeast Europe, and France’s Saint-Gobain, which owns several plants in Romania mainly producing building materials, have signed an ag...
Glodeni Energy Borrows over RON82M from Libra Internet Bank to Build 53 MW Solar Parks in Mures
Libra Internet Bank granted RON82.7 million funding to Glodeni Energy, part of the portfolio of DTEK Renewables International (DRI), a private energy investor of Ukraine, for the constructio...
IFC Lends Up To EUR50M To UniCredit Leasing
International Finance Corporation (IFC), part of World Bank, is granting an up to EUR50 million loan to UniCredit Leasing Corporation (UCLC), a subsidiary of UniCredit Bank Romania and membe...
UAE’s Masdar Wants to Carry Out Green Projects of 2,000 MW with Romania’s Hidroelectrica
One of the biggest green energy portfolios underway locally has UAE’s Masdar and Romania’s biggest energy producer Hidroelectrica behind it.
Muntmark Sells Europe’s Biggest Solar Park, of Arad, to British-Held Rezolv Energy
Monsson group, the biggest green energy project developer in Romania, has signed an agreement with Rezolv Energy, a company owned by British investment fund Actis, for the development of a 1...