mergers and acquisitions
US torpedoes Lukoil’s deal to sell its overseas business to Gunvor
07 November 2025 - The US Treasury said it wouldn't allow Gunvor to "operate and profit," calling it "the Kremlin's puppet," so the firm gave up on Lukoil
KKR to provide Greenvolt with EUR 150 million capital boost
01 August 2025 - Greenvolt Group said its majority owner KKR fully subscribed to a EUR 150 million share capital increase, with a focus on battery investments
EDP Renewables sells wind farms in Greece to Enel-Macquarie joint venture
31 July 2025 - Principia agreed to acquire all four EDP Renewables' wind power plants in Greece. The joint venture is nearing 800 MW in capacity.
Rolls-Royce SMR to start works with ČEZ on small modular reactors
22 July 2025 - Rolls-Royce SMR and Czech utility ČEZ have signed an early works agreement within their strategic partnership for small modular reactors
HELLENiQ Energy buys ABO Energy Hellas, adding 1.5 GW in renewables projects
02 July 2025 - Amid a consolidation in the renewables sector in Greece, HELLENiQ Energysaid it completed the acquisition of ABO Energy Hellas
EDPR reportedly exiting Greece as all power plants, projects are on sale
11 June 2025 - EDP Renewables (EDPR) is about to divest of all its assets in Greece and leave next year, according to the domestic media
Private equity firm Ardian agrees to take over Akuo
25 March 2025 - Global private equity firm Ardian reached an agreement to acquire France-based independent renewable energy producer Akuo
Vučić: US sanctions on Gazprom Neft forcing its exit from Serbian oil refiner NIS
10 January 2025 - President of Serbia Aleksandar Vučić said new US sanctions would force Russia's Gazprom Neft to urgently exit ownership over NIS
IPTO completes Attica-Crete subsea interconnection Ariadne
24 December 2024 - Greece's IPTO started partial tests of the Ariadne interconnector between the mainland grid and Crete. The link has 1 GW in capacity.
Romanian Minister of Energy Sebastian Burduja reappointed
24 December 2024 - Minister of Energy Sebastian Burduja remained in his seat following the recent general elections in Romania. He promised continuity and an acceleration in investment.
HUPX merges into regional power exchange ADEX
10 December 2024 - ADEX Group completed the merger with Hungarian Power Exchange (HUPX), becoming its sole shareholder. The holding includes BSP and SEEPEX
HELLENiQ Energy diversifying oil business with 110 MW solar power purchase
07 December 2024 - HELLENiQ Energy is moving forward with its effort to evolve from being strictly a refiner and fuel retailer to a wider energy group