Enel in talks to sell its Romania business to PPC from Greece
Enel signed an exclusivity agreement on the potential sale of its entire operations in Romania to Public Power Corp. (PPC)
IHC buys 50% of Kalyon’s renewable energy branch including 1 GW solar park
IHC) from Abu Dhabi will pay USD 490 million to take over 50% of Kalyon Energy and participate in new solar and wind power projects
Austrian EVN improves flexibility management capability by taking over cyberGRID
Energy services provider EVN Group has acquired cyberGRID, getting direct access to its flexibility management platform cyberNOC
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
EUR 400 million loan for Attica-Crete interconnection secured
The financing framework for the undersea electricity link between the Greek mainland and its largest island has been completed. The country’s TSO Admie secured a credit line of as much as EUR 400 million from Eurobank for the Ariadne Interconnection between Crete and the Attica peninsula. Greece’s Independent Power Transmission Operator, also known as IPTO […]
State-owned firms bid jointly for ČEZ assets in Romania
Hidroelectrica, Electrica and SAPE may face E.ON and Allianz, India Power Corp. and MVM in the race for the Czech company’s seven businesses. ČEZ, looking for a buyer for its assets in Romania, values them at EUR 1.07 billion against the book value of EUR 15 billion A consortium established by Hidroelectrica, Electrica and SAPE […]
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 […]
Hellenic Petroleum acquires juwi’s 204 MW solar power plant project
The fossil fuel giant in transition counts on domestic added value of 40% and hints at the possibility to add electricity storage or other innovative solutions. Hellenic Petroleum leaves German partners in charge of construction in Kozani. The facility would be the biggest of its kind now in Southeastern Europe. Greece’s dominant fuel and petrochemicals […]