Romania approves Premier Energy's purchase of Eolica Dobrogea One

Green Forum
Romania's Competition Council has given the green light for Premier Renewable Invest Co, a subsidiary of local power distributor Premier Energy, to acquire Eolica Dobrogea One, a Romanian wind power company previously owned by the Spanish utility Iberdrola.

The council indicated that the transaction does not raise significant competition concerns in the Romanian market.
Eolica Dobrogea One operates a wind farm with an installed capacity of 80 MW in the Mihai Viteazu commune of Constanta County.

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.

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

RECOMMENDED
RECOMMENDED FROM THE HOME PAGE
How to embed ESG principles into corporate culture?
Business

How to embed ESG principles into corporate culture?

It is still a long way to embedding ESG principles into corporate culture, operations, and decision-making processes. That was the main takeaway from a panel at CEE ESG Forum 2024 organised by Property Forum and Green Forum in Vienna last November.

Mobility

NXP secures €1 billion EIB loan for innovation

NXP Semiconductors N.V. announced that it has secured a €1 billion loan from the EIB to advance the company's RDI investments across its broad portfolio of semiconductor solutions.

READ MORE
Green Forum  |  16 January, 2025 at 9:00 PM
Green Forum  |  16 January, 2025 at 8:00 PM