Electricity

Hidroelectrica eyeing acquisition opportunities

Photo: Pixabay

Published

May 23, 2018

Country

Comments

comments icon

0

Share

Published:

May 23, 2018

Country:

Comments:

comments icon

0

Share

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.

Due diligence for certain wind farms in Romania is ongoing. The idea is to diversify the state-owned company’s generation portfolio, in which green energy could be perfectly integrated, according to Badea. Hidroelectrica’s capacity enables it to provide balancing services, he was quoted as saying.

Hidroelectrica is also analyzing options to acquire companies outside Romania.

Hidroelectrica’s average annual electricity output is 17 TWh generated by 228 hydropower plants with an installed capacity of 3,444 MW.

Comments (0)

Be the first one to comment on this article.

Enter Your Comment
Please wait... Please fill in the required fields. There seems to be an error, please refresh the page and try again. Your comment has been sent.

Related Articles

hermes kairos google nuclear power plant tennessee

Google secures 50 MW of nuclear power for data centers

19 August 2025 - Nuclear facility Hermes 2, set to go online in 2030, will feed electricity to the grid that supplies Google's data centers in Tennessee and Alabama.

University Antalya deal 50 4 MW solar power plant

University in Antalya signs deal for 50.4 MW solar power plant

19 August 2025 - Akdeniz University in Antalya established a partnership with Kopuz Group, which will build and operate a solar power plant of 50.4 MW in peak capacity

montenegro interview admir sahmanovic

Šahmanović: Montenegro expects first large private wind and solar plants to be online in 2026

19 August 2025 - Admir Šahmanović, Minister of Energy and Mining, spoke with Balkan Green Energy News about the ministry’s achievements so far and plans for the future.

data center ai digitalization energy eu roadmap

EU preparing roadmap on digitalization, AI in energy

19 August 2025 - The European Commission has launched a public consultation on a roadmap for digitalization and AI in the energy sector.