Romanian energy developer Radramo Power has been awarded the development consent for the construction of the 393 MW wind farm located in the commune of Pestera in Constanta county, Romania.
National transmission system operator Transelectrica awards the project to the company established by two local businessmen: Radu Rusei and Marius Felician Gherasim.
The project is expected to be commissioned by 2025.
Country updates
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April 20, 2021
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 (Dis...
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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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