Macquarie fund to buy 49% stake in Greece’s power distributor HEDNO
An investment firm controlled by Macquarie is a step away from buying 49% of HEDNO in Greece's biggest privatization deal so far.
Small solar power projects in Greece on hold due to grid overburden
Distribution system operator HEDNO can't connect household rooftop solar power systems anymore in some parts of Greece as the capacity reached its limits
Romanian power supplier, distributor Electrica to set up renewables firm
Electrica intends to establish a subsidiary with the aim to acquire and develop renewable energy and power storage projects
Slovenia’s Idrija installing battery storage to become smart town
With storage and distribution management from the NEDO project, Idrija will be able to maintain the power supply for priority services during outages
Electrica to merge power distribution subsidiaries, energy services units
Romanian electricity supplier Electrica Group is set to merge its three power distribution subsidiaries and two energy services companies. The move has already been approved by the company’s shareholders. The merger of the three electricity distribution subsidiaries – SDEE Transilvania Nord, SDEE Transilvania Sud, SDEE Muntenia Nord – is scheduled for January 1 and the […]
German E.ON to invest EUR 210 million in power business in Romania
E.ON earmarked EUR 375 million for capital expenditure by 2023 in Romania, of which EUR 210 million is for the electric power division. It is also developing energy products and services and electric mobility infrastructure. Marking 15 years since the entry into Romania, E.ON said its priority has been the rehabilitation and modernization of distribution […]
Electrica interested in CEZ assets in Romania – CEO
Romania’s state-owned power distribution and supply company Electrica is interested in buying the assets owned by Czech energy company CEZ in Romania, once they are put up for sale, Electrica CEO Georgeta Corina Popescu has said in an interview with Agerpres, Romania Insider reported. In addition to eyeing CEZ’s assets in Romania, Electrica is also considering […]
CEZ agrees to sell Bulgarian assets to Eurohold for EUR 335 million
Czech energy company CEZ Group has signed a contract today with holding company Eurohold Bulgaria for the sale of its assets in Bulgaria. Eurohold will pay EUR 335 million for CEZ’s Bulgarian assets, according to press releases from the two companies. The contract on the sale of CEZ’s assets in Bulgaria to Eurohold is subject […]