Rolls-Royce SMR to start works with ČEZ on small modular reactors
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
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
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
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
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
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
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
ADEX Group completed the merger with Hungarian Power Exchange (HUPX), becoming its sole shareholder. The holding includes BSP and SEEPEX