Today, Enel has signed an agreement with Greek company Public Power Corporation (PPC) for the sale of all the equity stakes held by the Enel Group in Romania. The agreement provides that PPC will pay a total consideration of approximately […]
Siemens Energy and independent power producer Mass Global Energy Rom have signed a contract for the supply of the HL-class gas turbine technology for the Mintia combined cycle power plant in Romania. With a maximum power generation efficiency of more […]
The Electrica Group announced a consolidated net profit of 558.8 million RON in 2022, compared to a loss of 552.9 million RON in 2021. The result was generated, mainly, by the performance of the supply segment and, secondarily, by the […]
Nuclearelectrica advances Cernavoda NPP Unit 1 Refurbishment Project by selecting Candu Energy Inc., a member of the SNC-Lavalin Group to conduct further pre-project work for Cernavoda’s Unit 1 CANDU reactor, ahead of its life-extension to support Romania’s energy security and […]
Hidroelectrica announces that the decision of the Bucharest Court of Appeal, which upheld that of the first instance, by which the appointment of the company’s directors, four years ago, was declared not legal, does not abolish the mandates of the […]
In 2022, Distrigaz Sud Retele made total investments in the natural gas distribution network worth 555 million RON to meet the company’s two major objectives: the safe operation of the distribution system and the development of the natural gas infrastructure. […]
On March 5, 2023, it will be 100 years since the birth of a great personality of Romanian energy, CĂLIN MIHĂILEANU, who dedicated his entire activity to the development of the energy sector in Romania and strongly influenced the Romanian […]
EDPR presented its revised business plan 23-26, forecasting a global gross investment of 20 billion euros and a yearly deployment of more than 4GW in renewables. This ambition is aligned with the overall 23-26 plan presented by EDP Group and […]
E-Distributie companies, the electricity distribution operators within the Enel Group, invested in 2022 approximately 106 million RON in high voltage projects in Bucharest, Ilfov and Dobrogea and Banat regions. The key projects consisted in the construction of new lines and […]
EDP Renewables (EDPR), the fourth largest producer of wind and solar energy globally, ended 2022 with a 2 percent growth in its net profit to 671 million Euro. EDPR’s renewable production increase of 10 percent and the asset rotation strategy […]
