Hidroelectrica is the second most profitable company in Romania, ending 2019 with a net profit of RON1.3 billion. The top spot is held by OMV Petrom, with a net profit of RON3.5 billion.
The wind power plant Centrala Electrica Eoliana Crucea Nord is held by commercial company Crucea Wind Farm SA, which comprises 36 Vestas V112 3MW wind turbines, two weather stations and two transformation stations necessary for the transmission of electric power from wind turbines to the connection point to the national energy system.
Crucea Wind Farm S.A. is the commercial company holding the 108 MW- wind power plant Centrala Electrica Eoliana Crucea Nord, located in the vicinity of Crucea, Vulturu and Pantelimon communes in the County of Constanta. STEAG Energie Romania S.R.L. is a company providing technical and business operation services for Crucea Wind Farm S.A. Both companies are members of Germany’s STEAG GmbH Group.
Hidroelectrica has recently received the go-ahead to submit a binding bid for the acquisition of CEZ’s Romanian assets, in what could be one of the largest energy deals of the past years.