Power - Business Review


M&A alert. Transeastern Power to pay EUR 23 mln to OMV Petrom for Dorobantu wind farm

Green & Renewables July 20, 2017 18:21 0 comments

Austrian oil major OMV Petrom has inked a deal to sell its Dorobantu wind farm to Transeastern Power B.V. – a limited liability company registered in the Netherlands, a wholly owned subsidiary of Transeastern Power…more »

Enel Romania supports launch of first app in Europe for counting white storks

Media & Marketing July 07, 2017 18:29 0 comments

The Romanian Ornithological Association (SOR) and the Romanian subsidiary of Italian utility Enel have jointly launched an app, the first of its kind in Europe, which will be used to track the population of white…more »

Competition Council

Romanian Competition Council raids Enel offices in antitrust stint

Legal May 31, 2017 15:46 0 comments

The Competition Council has raided the offices of E-Distributie Muntenia, the distribution arm of Italian utility Enel in Romania, as part of an investigation into the award of contracts for connections to the grid. The…more »

Electrica eyes CEZ Bulgaria acquisition, says minister of energy

Power May 10, 2017 11:46 0 comments

Electrica, the Romania-based supplier and distributor of electricity, plans to take over the operations of Czech utility CEZ in Bulgaria, according to the minister of energy, Toma Petcu. Petcu said in an interview with DCNews.ro…more »

Georgios Stassis

Enel to install over 150,000 smart meters in Romania this year

Power May 09, 2017 15:31 0 comments

Italian utility Enel will install over 150,000 smart meters in Romania this year, adding to the 140,000 units it already rolled out for its customers in 2016. The smart meters will be installed in Muntenia…more »

MP Borza: Hidroelectrica IPO could generate EUR 1 bln for Romanian state

Legal May 08, 2017 16:46 0 comments

The initial public offering (IPO) of state-owned energy producer Hidroelectrica would generate some EUR 1 billion should the process take place this year, according to MP Remus Borza, Hidroelectrica’s former judicial administrator cited by the…more »

Energy trends in the Romanian real estate sector, according to Enel

Power April 25, 2017 18:31 0 comments BR Exclusive

More buildings are using energy from renewable sources and developers want to prepare for the mass adoption of electrical cars, said Catalin Ioan, direct sales manager at Enel Romania, during Realty 2017, the event organized…more »

Enel, the new player on the natural gas market for residential clients in Romania

Power April 21, 2017 15:23 0 comments

Italian utility Enel, which has been present in the local electricity sector since 2005, has entered on the natural gas supply market for residential clients.  “We are proud and confident regarding the entery on the…more »

Analysis. Why PPPs for Romania’s energy sector remain unexplored

Power April 11, 2017 16:54 0 comments BR Exclusive

With Romania’s investment requirements in the energy sector forecasted to reach EUR 15-30 billion by 2030, according to its updated energy strategy, the authorities will need to have all financing options on the table, including…more »

M&A alert. Enel pays EUR 400 mln for 13.6 pct of Romanian subsidiaries E-Distributie Muntenia and Enel Energie Muntenia

Power April 10, 2017 16:41 0 comments

Enel S.p.A.  announced that its subsidiary Enel Investment Holding B.V. (“EIH”) has today finished the acquisition from SAPE S.A. (“SAPE”, the Romanian state-owned holding company that owns state shareholdings) of around 13.6 percent of the…more »