RENEWABLES
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PPC Group Completes Acquisition Of Evryo Group’s Renewables Portfolio In Romania
PPC (Public Power Corporation) Group has completed the acquisition of the renewable energy generation portfolio of Evryo Group in Romania (formerly known as CEZ Romania), previously owned by funds managed by Macquarie Asset Management.
Energy Ministry Signs 15 Contracts For Investments In New Electricity Production Capacities From Renewables
The Ministry of Energy has signed 15 contracts for investments in new electricity production capacities from renewable sources, through the National Recovery and Resilience Program.
Enery Power Holding Signs Senior Credit Facility To Acquire Renewables Portfolio Held By Jade Power Trust In Romania
Austrian company Enery Power Holding, also present in the Czech Republic, Slovakia and Bulgaria, has signed a senior term loan and revolving credit facilities agreement for the acquisition o...
Hidroelectrica Has Biggest Renewable Power Portfolio in Romania Underway
Hidroelectrica, Romania’s biggest power producer, is in talks for a 2,000 MW wind and solar power project portfolio, the equivalent of three Cernavoda reactors. This is the biggest portfolio...
EY Study: Financial Hurdles Could Be Biggest Barrier to Achieving Net Zero Targets
In 2020, global renewable energy capacity investments grew 2% to $303.5 billion, the second-highest annual figure recorded to date despite the impact of the global COVID-19 pandemic, but $5....
CE Oltenia Gets EU Clearance to Move Ahead with EUR3.5B Restructuring Plan
Romanian state-owned energy holding CE Oltenia, the second largest local electricity producer with 22% market share, was green-lit by the European Commission for its restructuring plan to gr...
Romania Leaves World Attractiveness for Renewable Energy Investments
China and India overtook the United States among the world's most attractive 40 markets for investments in renewable energy, while Romania left the ranking, according to the latest EY Renewa...