Romania's Electrica plans to buy five PV parks operators 

Green Energy

Romania's electricity supply and distribution group Electrica will buy five companies that own and operate photovoltaic (PV) power plants for appr. EUR 35 million (USD 40.65 million), local media reported.

The sellers are two companies, MT Project and HiTech Solar Investment, which together own 100% of each of the five target companies, business portal Profit.ro reported.

The five companies own and operate PV plants with a total installed capacity of 30.95 MWp, respectively, a total operating capacity limited to 28.89 MW.

The five target companies are TCV Impex, ACV Solar Technology, TIS Energy, Delta & Zeta Energy and Gama & Delta Energy. 

ADVERTISEMENT

PMI rises to 57 in June Analysis

PMI rises to 57 in June

Lawmakers postpone expanded data provision for tourism secto... Parliament

Lawmakers postpone expanded data provision for tourism secto...

Tihamér Tóth appointed European Court judge Appointments

Tihamér Tóth appointed European Court judge

FINA head thanks Hungary for hosting 2022 worlds City

FINA head thanks Hungary for hosting 2022 worlds

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.