This is the seventh deal by Premier Energy, after the six acquisitions and mergers of 2022, worth almost EUR55 million, with the company thus becoming one of the most dynamic players in the field of renewable energy. It has a renewable energy production capacity of 50 MW, beside the 700 MW portfolio under management.
“Through the seven deals, Premier is securing its transition toward renewable energy. We are continuing expansion on the main segment of natural gas in Romania and we’ve also already set up a new business line from green energy production. We are also focusing Central and Southeastern Europe and we already have purchase targets in neighboring countries in the field of renewable energy,” says Iuliana Panescu, Head of Treasury, Premier Energy.
In 2023, the group will develop a wind greenfield project in Razboieni in an over EUR100 million investment. “After completion, the park will be among the five largest renewable energy production projects in Romania,” adds Panescu.
Locally, Premier Energy manages a network of 2,500 km of gas pipelines. The company in 2021 posted RON971 million turnover and net profit of RON133 million.
(English version by Catalina Apostoiu)