Electrocentrale Borzesti is a Romanian power plant company that is focused on rehabilitating and optimizing processes for long-term energy production, modernizing facilities and infrastructure, ensuring increased energy demand and consumer safety, and environmental protection. The company was founded in 1951 as a thermal power plant to supply electricity and heat to the Onesti industrial complex. In 2020, Electrocentrale Borzesti was acquired by Renovatio Group, a Romanian energy company that is focused on renewable energy and sustainable development. Electrocentrale Borzesti holds approximately 1 GW capacity of renewable projects, out of which 950 MW wind and 50 MW photovoltaic.
Renovatio has plans to rehabilitate and modernize Electrocentrale Borzesti to make it a more efficient and environmentally friendly power plant. The company also plans to add new renewable energy capacity to the plant, such as solar and wind power.
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The company has not participated in any projects.
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OMV Petrom has signed on the acquisition of a 50% stake in 1GW Electrocentrale Borzesti portfolio in Romania. By securing a 50% stake in Romania's most extensive wind power portfolio, OMV Petrom...
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