mergers and acquisitions
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
PPC to build gas peaker plants in Romania of 300 MW in total
18 November 2024 - Public Power Corp. is planning two or three gas peaker plants in Romania. It already has 435 MW in solar and wind there under construction.
GlobalData ranks top M&A financial, legal advisers in power sector
30 October 2024 - JP Morgan, Rotschild & Co and Latham & Watkins were the most successful power sector M&A advisers in the first three quarters of 2024
Fund ran by asset manager Mirova buys stake in RP Global
24 October 2024 - Energy transition infrastructure fund MET6, managed by Mirova, is becoming a relevant minority shareholder in RP Global
EU clears Masdar’s takeover of Greek company Terna Energy
15 October 2024 - Masdar passed the main hurdle in the acquisition of Greece-based Terna Energy as it obtained a green light from the European Commission
Southeastern Europe has major role in Masdar’s 100 GW target
08 October 2024 - The acquisition of Terna Energy will facilitate Masdar’s growth in the CEE region and beyond, Business Development and Investment Director Ahmed Al Awadi said
PPC buys wind, solar parks, 1.7 GW in renewables projects in Greece
25 September 2024 - PPC agreed a major acquisition from Copelouzos and Samaras. It would buy solar and wind power plants, a renewables portfolio and a stake in a gas power plant project.
Schletter Group expanding in SEE region, strengthened by takeover from Enstall
14 August 2024 - Enstall is acquiring Germany-based solar mounting systems provider Schletter Group, which is spreading its operations in South East Europe
Greece’s PPC doubles portfolio in Romania with acquisition
06 August 2024 - PPC is taking over an operational renewables and battery portfolio of 629 MW in Romania from funds run by Macquarie Asset Management