Australia backs CWP Renewables in world’s biggest power plant project
The Three Gorges Dam is the biggest individual producer of electricity on the planet. CWP Renewables is set to surpass it.
ČEZ agrees to sell Romanian assets to Australia’s MIRA
ČEZ Group has signed an agreement to sell its seven businesses in Romania to Australian fund manager Macquarie
Enel scraps Romania asset sale plan, insiders tell local media
Anonymous people familiar with the matter revealed Enel is counting on Romania as a strategic market and that the management wouldn’t negotiate about stakes in its businesses in the country. Romania’s state-owned utility Hidroelectrica, which has an ambitious long-term diversification plan, may have to expand without Enel’s assets. The largest foreign investor in the country’s […]
Hidroelectrica initiates takeover of ČEZ, Enel’s facilities in Romania
The management of Speeh Hidroelectrica SA requested the goahead from shareholders to hire consultants and lawyers in the procedure it started with the aim to acquire assets from ČEZ Group and Enel SpA, counting on them divesting in Romania. The extraordinary meeting is scheduled for December 12. The hydropower plant operator also asked for a […]