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 […]