Enter your e-mail address below
to reset your password.
Please activate your registration
by clicking the link in the activation email
or click submit to resend the activation email.
Please check your spam folder too...
Check your mailbox to activate your registration.
Please check your spam folder too.
Hungarian property developer and financial consultant Civis Capital on Tuesday said it signed a contract to buy two power plants in northeast Hungary from US-based AES for an undisclosed price.
Civis Capital said it would restart the plants - shut down by AES in the spring after margins narrowed - after the transaction is closed, pending approval by regulatory authorities.
AES Hungary said in March it shut down the plants because of a long-term drop in wholesale electricity prices, the higher price of coal and biomass and the increased cost of CO2 emissions.