CEZ Group completes sale of Romanian power assets
Eighteen months after the start of the divestment process, CEZ Group has concluded a transaction in which its Romanian assets have been acquired by funds managed by MIRA. Seven Romanian companies (Distributie Energie Oltenia, Ovidiu Development, Tomis Team, MW Team Invest, CEZ Vanzare, TMK Hydroenergy Power and CEZ Romania) are thus changing their owner.
The sale is part of CEZ Group's strategic plan to divest selected assets in some countries.
Country updates
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January 08, 2021
Hidroelectrica buys 108 MW Crucea wind project in Constanta county
STEAG GmbH and Hidrocentrale have signed an agreement concerning the sale of STEAG’s shares in Romanian subsidiaries Crucea Wind Farm S.A. (Crucea Wind Farm) and STEAG Energie Romania S.R.L. to...
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January 08, 2021
ReneSola Power divests 15.4 MW Romanian solar projects
ReneSola Ltd has entered into an agreement to sell two ground-mounted solar parks in Romania with a combined capacity of 15.4 MW to Alternus Energy Group plc, pan-European Independent Power Producer (...
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December 10, 2020
OMV Petrom invests EUR21mn in Petrobrazi to increase the bio-blending capacity
OMV Petrom, the largest energy company in Southeastern Europe, has invested approximately EUR21 million (US$25.46 million) at Petrobrazi refinery in order to increase the bio-blending capacity and to...
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December 02, 2020
CEZ Group enters agreement with MIRA for Romanian power assets sale
ČEZ Group has reached an agreement to sell its Romanian assets to funds managed by Macquarie Infrastructure and Real Assets (MIRA). The assets comprise seven companies, including electricity distribut...
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May 27, 2020
Romgaz launches tender for renewables market study
Societatea Națională de Gaze Naturale Romgaz SA Mediaș (commonly known as Romgaz), the largest natural gas producer and the main supplier in Romania, has launched a tender to provide service for...
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