Romanian and Croatian governments announce IPO of state power utilities

Romanian and Croatian governments have announced plans to initiate IPOs of their state-owned power utilities, Hidroelectrica and Hrvatska elektroprivreda (HEP) respectively. The Croatian government plans to initiate the sale of more than 25 percent of HEP shares through the Initial Public Offer (IPO). The HEP shares will be offered to citizens, institutional investors, and employees, […]

Transformation of ruined Bračak castle into modern energy efficient center

Project: Revitalization and transformation of Bračak castle into energy-efficient and sustainable energy center Country: Croatia Financing: Fund for Environmental Protection and Energy Efficiency of Croatia (FZOEU) and EU Structural Funds Implementation: Regional Energy Agency Northwestern Croatia (REGEA) and Krapinsko-zagorska županija Implementation period: preparations and implementation of project 6 years, reconstruction 1.4 years Context The Bračak […]

Senvion makes second Western Balkans deal in Croatia

The German wind turbine maker Senvion has contracted the first delivery of five of its turbines for a wind farm in Croatia. The turbines will be sold to the Croatian Vjetroelektrana Orjak company for the Greda wind farm in the south of that country. Senvion said in a statement that the contract called for five […]