Romania Archives - Page 10 of 10 - Carbon Trading Exchange

Romania: Romgaz prepares 1.5-billion-euro MTN scheme to finance Neptun Deep project Read More »

Romania: Romgaz prepares 1.5-billion-euro MTN scheme to finance Neptun Deep project

Romania’s natural gas company, with Rothschild Bank as its adviser, hired JP Morgan to lead the consortium of banks that will intermediate the sale of bonds on the foreign market under an MTN scheme aimed to finance the Black Sea gas project, Neptun Deep, local media reported. The MTN scheme would reportedly have a size […]

Romania: Premier Energy closes IPO at 490 million euros valuation Read More »

Romania: Premier Energy closes IPO at 490 million euros valuation

Energy group Premier Energy said that its initial public offering (IPO) at the Bucharest Stock Exchange in Romania has been priced at RON 19.50 per share, with the transaction raising RON 695.1 million (EUR 139.6 million) in gross proceeds, including over-allotment. Premier alone placed just above 25 million new shares in the offering, saying it

Romania: Alerion wins permits for 220 MW wind projects Read More »

Romania: Alerion wins permits for 220 MW wind projects

Italian renewable energy producer Alerion Clean Power has received a permit to build two wind farms in Romania with an installed capacity of 220 MW. The two plants will be installed in the Dobrogea region, with capacities of 114 MW and 108 MW, respectively. They will be part of a larger complex of three wind farms with a

Romania: Nuclearelectrica reports net profit of 113 million euros in Q1 Read More »

Romania: Nuclearelectrica reports net profit of 113 million euros in Q1

Nuclearelectrica, the operator of the Romanian nuclear power plant Cenavoda, has announced its financial results for the first quarter of 2024. In the three-month period that ended on 31 March, the company obtained a net profit of 563.2 million RON (113 million euros), down 26.5 percent compared to the same period in 2023. The gross

Romania: EBRD to support the expansion of Photon Energy’s solar portfolio with 15 million euros Read More »

Romania: EBRD to support the expansion of Photon Energy’s solar portfolio with 15 million euros

The European Bank for Reconstruction and Development (EBRD) is lending 15 million euros to Photon Energy, a regional renewable energy producer, to support its activity in Romania and Poland. The EBRD’s investment will enable Photon to complete the construction of a portfolio of six solar parks in Romaniawith a total installed capacity of 29 MW. This, in

Romania: Rompetrol Rafinare restarted production at the Petromidia refinery Read More »

Romania: Rompetrol Rafinare restarted production at the Petromidia refinery

Rompetrol Rafinare, a member company of the KMG International Group (Rompetrol), initiated the process of restarting the production facilities at the Petromidia Navodari refinery after the timely completion of the maintenance, recertification, and modernization of the units. The installations will enter the production flow in stages, reaching optimal capacity in the shortest possible time. Thus, the company has

Romania: Chinese companies exit solar tender after EU probe Read More »

Romania: Chinese companies exit solar tender after EU probe

Two Chinese solar panel manufacturers have withdrawn from a public procurement tender in Romania after the EU launched a foreign subsidy probe. The European Commission started an investigation in April into two consortiums suspected of receiving subsidies that Brussels feared would undercut rivals in Europe. After the Chinese-owned firms withdrew their bid, the commission said it would

Romania: Italian Fri-El develops 300 MW wind projects Read More »

Romania: Italian Fri-El develops 300 MW wind projects

Mitoc Partners, indirectly owned by Italian investors (75%) and Romanian lawyer Edward Dobre (25%), is developing a major wind generation project in Botosani County, composed of three wind farms with an installed capacity of 305 MW, Profit.ro reported. The project, which reached the stage of getting the environmental permit, is estimated to cost EUR 531 million. The

Ukraine plans record electricity imports after Russian attacks Read More »

Ukraine plans record electricity imports after Russian attacks

Russian strikes have wreaked havoc on Ukraine’s power sector, prompting unprecedented imports. Ukraine will source power from Romania, Slovakia, Poland, Hungary, and Moldova. Ukraine plans to import record amounts of electricity from its neighboring countries after sustaining critical energy infrastructure damage from targeted Russian attacks, the country’s energy minister said on Monday. The Ukrainian Ministry of Energy

Romania: BSOG advances 3GW offshore wind project in Black Sea Read More »

Romania: BSOG advances 3GW offshore wind project in Black Sea

BSOG, which launched natural gas extraction in the Midia perimeter in Romania’s shallow Black Sea waters (MGD Project), decided to go ahead with its offshore wind project in the same place after completing the feasibility study. BSOG and its partners plan to develop 3GW, according to recent announcement. The consultant, OWC, announced that it completed