Energy Distribution Services to buy three wind farms in Romania

Business Forum

18 July, 2025 at 4:40 PM

The Romanian Competition Council is currently reviewing the acquisition of three energy companies by the Romanian company Energy Distribution Services.

Energy Distribution Services is taking over Ground Investment Corp SRL, Elektra Wind Power SRL, and Elektra Green Power SRL.

All four companies are active in the Romanian electricity production and trading markets, as well as the green certificate market.

Ground Investment Corp SRL operates the CEE Babadag 3 power plant, which began operations in 2016.

Elektra Wind Power SRL owns and operates the CEE Tortomanu 3 power plant, commissioned in 2012, while Elektra Green Power SRL operates the CEE Tortomanu 2 power plant, which started functioning in 2011.

The Council will assess the transaction to determine its compatibility with a normal competitive environment and will issue a decision within the legal timeframe.

Simtel secures €16 million investment loan for solar park

The Romanian engineering company Simtel Team has announced the signing of a significant contract to finance its photovoltaic project in Giurgiu.

Energy

Nofar Energy signs development contract for 265 MW PV plant in Romania

Nofar Energy, a renewable energy investor listed on the Tel Aviv Stock Exchange, has signed an EPC turnkey and O&M contract for a 265 MW photovoltaic power plant in Corbii Mari.

Industry

eMAG head calls unfair practices of Chinese e-commerce players

Iulian Stanciu, the Executive President of eMag, the biggest e-commerce player in Romania, said that Europe has become the target of Chinese exports.

Energy

Consortium to install battery storage facility for Hidroelectrica wind farm

Green energy producer Hidroelectrica has announced that a consortium comprising Prime Batteries Technology and Enevo Group will implement a Li-ion battery storage facility at its Crucea Nord wind farm.

Energy

Simtel secures 10-year PPA for 736 GWh of electricity

Romanian engineering firm Simtel Team has announced the signing of a significant power purchase agreement (PPA).

Energy

MET Group buys ready-to-build PV project in Romania

Swiss energy player MET Group has purchased a ready-to-build (RTB) photovoltaic park in Răscăeți (Dâmbovița County), from Kraftfeld.

Energy

Allview to install €5.4 million solar plant in Reșița

Renewable EPC by Allview, the renewable energy division of Visual Fan, has signed a new contract for the design and execution of a photovoltaic park in Resița.