The minimum starting price for the assets is set at €5.83 million. The auction, an open bid process, is scheduled for August 7.
The sale will encompass the land, buildings, and associated equipment of these hydropower plants, which Electromagnetica plans to offer as a single package. This move is part of its strategic divestment plan.
ALRO has purchased an aluminium aging furnace with electric heating from SECO/WARWICk.
Eight companies or associations of companies have submitted bids for the construction of the photovoltaic park next to the Multipurpose Hall Oradea Arena.
The initiative is part of the company's sustainability strategy and a first step in the transition to a green fleet.
In 2022, Romanians were in last place in the European Union in terms of municipal waste production and recycling, according to data published by Eurostat.
Reducing carbon emissions and increasing the share of renewable energy and the development are the objectives of Roca's sustainability strategy for 2024.
The companies can submit their project proposals until 12 March 2024.
The EU has emerged as a global leader in green finance, having issued over €65 billion in NextGenerationEU (NGEU) Green Bonds since 2020.
PPC has finalized the acquisition of Evryo Group's renewable energy portfolio in Romania.
Orlen has committed to driving the energy transition and a greener future.
The European Commission has approved, under EU State aid rules, a €578 million Romanian scheme to lower an electricity levy rate for energy-intensive companies
Investment firm Mezzanine Partner has introduced the €100 million Energy Adria Fund, Croatia's first energy fund classified as "dark green".
