German E.ON to invest EUR 210 million in power business in Romania

E.ON earmarked EUR 375 million for capital expenditure by 2023 in Romania, of which EUR 210 million is for the electric power division. It is also developing energy products and services and electric mobility infrastructure. Marking 15 years since the entry into Romania, E.ON said its priority has been the rehabilitation and modernization of distribution […]

State-owned firms bid jointly for ČEZ assets in Romania

Hidroelectrica, Electrica and SAPE may face E.ON and Allianz, India Power Corp. and MVM in the race for the Czech company’s seven businesses. ČEZ, looking for a buyer for its assets in Romania, values them at EUR 1.07 billion against the book value of EUR 15 billion A consortium established by Hidroelectrica, Electrica and SAPE […]

RWE acquires Croatian solar energy service provider

German power utility RWE has taken over Relatio ES Adria, one of the largest Croatian companies in design, supply, installation and commissioning of solar power plants, Novac.hr reported. Relatio ES Adria, based in Varaždin, was established in 2012, and until 2019 it has designed, installed and put into operation solar power plants in Croatia, BiH, […]