Dravske elektrarne Maribor buys infrastructure firm RGP
Following the entrance into ownership structure half a year ago, Slovenian producer of electricity from renewable sources Dravske elektrarne Maribor Doo has paid EUR 6.9 million for a majority stake in construction business RGP d.o.o. The update reveals 5.1% remains in the hands of Termoelektrarna Šoštanj d.o.o., controlled by Holding Slovenske elektrarne, as is the […]
PPC may detail lignite phaseout, Greek grid stake sale in late January
The presentation of the integrated five-year business plan outlining the Public Power Corporation’s overhaul and development strategy has been postponed to January 30 as the media in Greece learned the provisions are still essentially unchanged. The path forward especially depends on the European Commission’s stance after the upcoming negotiations about the closure of the lignite […]
Greece preparing to sell 39% in project to connect Crete with Attica
The call for expressions of interest for the entry of one or more strategic investors in Ariadne Interconnection is expected to be announced “in the first months of 2020,” according to the media in Greece. Independent Power Transmission Operator SA, also known as IPTO or Admie, is said to be preparing to sell up to […]
VEC Energia acquired by Energo-Pro
The deal for the full acquisition of VEC Energia Holding EAD, the second in scale private hydropower plant operator in Bulgaria, was completed by Energo-Pro Bulgaria EAD. The shares were transferred on January 30 and Energo-Pro stepped in as the sole shareholder of VEC and the six hydropower plants, owned by the company directly and […]