Serbia and Romania power interconnector near completion

The Resita-Pančevo transmission line construction between Romania and Serbia is getting closer to the end. The role of the interconnection between two countries is of strengthening national electricity systems as well as the South-East European one. Romania’s national electricity transmission company, Transelectrica announced that it completed the crossing of the border to Serbia with the […]

Electricity October 31, 2017

EIB approves loan for CHP plant in Sofia

The board of the European Investment Bank (EIB) has approved a EUR 45 million (USD 53 million) loan to the municipality of Sofia for the construction of a combined heat and electric power (CHP) plant. Once built, the plant will operate as part of the Bulgarian capital’s central heating network, local media reported, quoting an EIB […]

Mirova acquires majority stake in two Croatian wind farms

Renewable energy fund Mirova-Eurofideme 3 has bought 46% stake in RP Global’s 43.7 MW Danilo and 34.2 MW Rudine wind farms in Croatia. Having acquired 49% in July 2016, Mirova now owns 95% of the two wind farms on the Adriatic coast. Mirova-Eurofideme 3 is managed by Mirova, an affiliate of Natixis Global Asset Management […]

Electricity October 21, 2017