The state blocks completion of power privatisations
Greece will not go ahead with privatising its dominant electricity utility or power grid operator Admie, energy minister Panagiotis Lafazanis said, despite promising its creditors not to halt sales that are underway. The comments appeared to mark the first sign of open dissent from a minister on the far left flank of the new Greek […]
Hidroelectrica prepares for hydropower upgrade, acquisitions
Hidroelectrica plans to invest EUR 300 million this year in upgrading three hydropower plants and considers buying small hydro plants in the neighbouring countries as well as several hundred megawatts in wind farms developed on the local market, Mediafax reports. According to the attorney Remus Borza, the representative of Euro Insol, Hidroelectrica’s judicial administrator, Hidroelectrica […]
