Ljubljana wins European Energy Service Award with Resalta and Petrol, NEWLIGHT scoops recognition award

The City of Ljubljana, together with Slovenian energy service company (ESCO) Resalta and energy company Petrol, has won a European Energy Service Award (EESA) in the Best Energy Service Project category for the Ljubljana energy retrofit project, according to press releases from the two companies. The energy retrofit project of the City of Ljubljana, which […]

Slovenia’s Petrol unveils 4.8 MW HPP Jeleč in BiH

Slovenian energy company Petrol has officially unveiled the Jeleč small hydropower plant (SHPP) on the Govza river near Foča in Bosnia and Herzegovina (BiH). The concessionaire invested EUR 6.25 million in the 4.8 MW hydropower plant. Jeleč, a two-turbine plant, is planned to produce between 14 GWh and 18 GWh of electricity annually, which is […]

Petrol sells stake in Gen-I to Gen-EL

IG energetski sistemi (IGES) d.o.o., part of Petrol Group, agreed to accept EUR 45.1 million for its half of ownership in electricity and natural gas supplier Gen-I d.o.o., headquartered in Krško, in a deal with Gen-EL d.o.o. The transaction will be carried out in two parts: one by the end of this year, following the […]

Petrol stock reshuffling continues with new purchase

Petrol, Slovenia’s largest energy group, said a 7.96% stake in its capital was amassed by a unit of J&T Private Equity Group, Cypriot investment firm J&T Investment Opportunities Limited, making it one of the largest individual shareholders. No other details have been revealed beyond the firm being owned by J&T Private Equity Group, which public […]