CSRD

green energy

investment

waste management

mobility

carbon emissions

interviews

CSRD

green energy

investment

waste management

mobility

carbon emissions

interviews

Energy

Iberdrola to sell Romanian wind division to Premier Energy

Green Forum

30 April, 2024 at 7:00 AM

Iberdrola, the Spanish power utility, announced the sale of its Romanian wind subsidiary, Eolica Dobrogea One, to power and gas distributor Premier Energy Group for €88 million.

Eolica Dobrogea One possesses wind power assets with a total installed capacity of 80 MW, as stated in a press release by Iberdrola.

With regulatory authorities in Romania approving the transaction, Iberdrola will divest all its assets in the country. This move aligns with Iberdrola's broader strategy aiming for an asset rotation worth €12.2 billion from 2024 to 2026, according to the statement.

Premier Energy, a subsidiary of Czech investment firm Emma Capital, completed the acquisition of Eolica through its Romanian subsidiary, Premier Renewable Invest Co.

MVM to acquire E.ON Energie Romania majority stake

MVM and E.ON have finalized an agreement for the sale and purchase of E.ON's energy retail and customer solutions business in Romania.

Environment

EU boosts offshore energy goals

EU countries have updated their goals for the deployment of offshore renewable energy up to 2050 in each of the EU's 5 sea basins, with intermediate objectives to be achieved by 2030 and 2040.

Industry

Tauron expands wind portfolio and cets 2035 goals

Tauron has inaugurated the Gamów wind farm in the Silesian province, its 14th onshore wind farm. Located in the Rudnik commune, the site includes 15 turbines with a total capacity of 33 MW.

Business

Premier Energy Group: €534.8 million in normalized revenue for H1 2024

Premier Energy Group reports €534.8 million in normalized revenue for the first half of 2024, marking a significant milestone in its performance.

Energy

Romania approves Premier Energy's purchase of Eolica Dobrogea One

Romania's Competition Council has given the green light for Premier Renewable to acquire Eolica Dobrogea One.

Business

Premier Energy Group to launch IPO on Bucharest Stock Exchange

Premier Energy Group announced its intention to launch an initial public offering of ordinary shares on the Bucharest Stock Exchange.

Industry

ROCA Investments to expand solar power capacity across all locations

Reducing carbon emissions and increasing the share of renewable energy and the development are the objectives of Roca's sustainability strategy for 2024.