Hidroelectrica eyeing acquisition opportunities

Romanian power utility Hidroelectrica is considering the acquisition of wind and solar plants in Romania, as well as energy companies abroad, CEO Bogdan Badea said, Romanian media reported. According to ZiarulFinanciar, Hidroelectrica plans to open electricity trading office in Hungary. The biggest Romanian hydropower producer intends to inaugurate the office in Budapest, Hungary in September. […]

EBRD mulls equity investment in Turkish renewable energy business

The European Bank for Reconstruction and Development (EBRD) is considering an equity investment, in the form of capital increase, in Turkish renewable energy firm Ictas Yenilenebilir Enerji Uretim ve Ticaret. The portfolio of the renewable energy firm, a unit of IC Ictas Enerji Yatirim Holding, consists of around 400 MW of operational hydropower plants and […]

Romania deploys its section of 400 kV Resita-Pančevo electricity interconnector

Romania’s electricity transmission company Transelectrica has launched a double-circuit 400 kV electricity transmission line between Resita in Romania and Pančevo in Serbia, under an investment worth some EUR 18 million (RON 81.5 million). Construction work on the overhead line (OHL) started in October 2014, and the Romanian section is 63 kilometers long, with 206 transmission […]