mergers and acquisitions
Nofar acquires 255 MW solar power project in Romania
21 December 2023 - Portland Trust has developed one of the largest photovoltaic projects in Romania and sold it to Israel-based Nofar Energy.
PPC Renewables, Intrakat join forces for 2.7 GW in renewables
20 December 2023 - PPC Renewables and Intrakat intend to jointly develop renewable electricity projects with a total capacity of up to 2.7 GW
North Macedonia’s MEPSO denies rumors of share sale to IPTO
26 October 2023 - MEPSO says it plans no transaction with IPTO. Nevertheless, Greek energy majors are on an acquisition spree in the Western Balkans.
HELLENiQ Energy enters Romania’s solar power market with 811 MW in projects
31 July 2023 - HELLENiQ Energy entered the Romanian renewables market by acquiring four photovoltaic projects of 211 MW in total from Mytilineos
TotalEnergies partners Rönesans to enter Turkish renewables sector
27 July 2023 - TotalEnergies from France established a joint venture in Turkey by acquiring a 50% share in Rönesans Enerji
Enel sells 50% of its Greek green power subsidiary to Macquarie
27 July 2023 - Enel said it would receive EUR 345 million from Macquarie Asset Management for 50% of Enel Green Power Hellas
Greek PPC continues expansion in Romania with wind park purchase
24 July 2023 - Public Power Corp. or PPC, based in Greece, bought an 84 MW wind power plant in Romania from Lukoil Group
Greece’s IPTO enters EuroAsia Interconnector project with 25% share
30 June 2023 - The Independent Electricity Transmission Operator of Greece will participate in the share capital of EuroAsia Interconnector with 25%
Jantzen Renewables to sell 710 MW solar park project in Romania to OMV Petrom
30 June 2023 - The Helios 1 cluster of photovoltaic parks will be capable of supplying 280,000 Romanian households with electricity
Serbia denies it would spin off hydropower plants to joint firm with Hungary’s MVM
22 May 2023 - Serbia denied that it plans to separate 350 MW in hydropower from state-owned coal and electricity producer EPS to a joint firm with MVM
Greece’s PPC buys out minority stakeholder in five Romanian power utilities
21 April 2023 - Greece-based PPC agreed with Fondul Proprietatea to buy its stakes in five power distribution and supply firms in Romania
Renalfa IPP buys Alpiq’s 72.5 MW wind park in Bulgaria
27 March 2023 - Renalfa IPP agreed to take over the Vetrocom wind farm in Bulgaria, with a capacity of 72.5 MW, from Swiss company Alpiq
PPC buys Enel Group’s operations in Romania
09 March 2023 - Enel signed an agreement to sell its entire business in Romania to Public Power Corp. for EUR 1.26 billion.
German RWE becomes top-tier solar developer in US, Britain
02 March 2023 - RWE became the fourth-biggest in renewables in the US, the second-largest solar operator there, and a top-three solar developer in the UK
First Sentier preparing bid for Greek renewables company Terna Energy – reports
27 December 2022 - First Sentier Investors is said to have reached an agreement with Greek conglomerate GEK Terna on the purchase of its affiliate Terna Energy
Enel in talks to sell its Romania business to PPC from Greece
16 December 2022 - Enel signed an exclusivity agreement on the potential sale of its entire operations in Romania to Public Power Corp. (PPC)