Clifford Chance Badea advised PPC Group throughout the entire transaction, providing support on aspects of due diligence.
PPC is among the leading companies in the Greek market, according to the "ESG Transparency Methodology", with respect to the metrics outlined in the “ATHEX ESG Reporting Guide".
The project aims to modernize the electricity distribution infrastructure in the area located at altitude, within the radius of the municipalities of Slatina Timiș, Brebu Nou.
The total value of the investment projects that will be financed including with the help of the mentioned credits is RON 1.44 billion.
Restart Energy has completed more than 150 PV projects and more than 50 MW installed with the capacity to produce 20.54 GWh and avoid 13,411 tons of CO2 emissions.
More and more people want to get rid of bills and be energy independent as demand for solar panels has tripled.
The holding is developing a decarbonization plan with the objective of reducing the carbon footprint by 20% by 2030.
The deal is expected to close after obtaining necessary approvals from the relevant regulatory authorities, and of the project permits for construction readiness.
The company plans to expand its portfolio through both greenfield projects and co-development opportunities.
The US, China, and Germany retain the top three spots in the Renewable Energy Country Attractiveness Index due to strong policy support
T-Mobile Czech Republic, Slovak Telekom and CE Colo Czech Republic, all part of the Deutsche Telekom Group, have signed cross-border virtual Power Purchase Agreements (VPPAs) with Rezolv Energy.
Increased and accelerated low and zero carbon projects: ~2.5 GW renewable power capacity (including partnerships) and over 5,000 EV charging points by 2030.
Advising MORE in its first transaction on the local market, Clifford Chance Badea lawyers assisted the client in structuring and negotiating the related transaction documents.
Construction of the project began in May 2024 and is planned to be completed by the end of 2025.
The project also includes a connection contract to the network operated by Distribuție Energie Electrică Romania, ensuring the integration into the national system.
OMV Petrom is building a facility for the production of sustainable aviation fuels (SAF) and renewable diesel (HVO[1]) and two facilities for the production of green hydrogen.
The fuel supplier ran, between May 28 and June 10, an IPO through which it attracted RON 20 million.
Scheduled to become operational in 2025, the wind farm in Constanța County will incorporate a total of eight foundations corresponding to the eight turbines.
The value of the tender is RON 41.8 million, and the beneficiary of the work is the company Rețele Electrice Dobrogea.
This special equipment is designed and executed for operation at considerable temperatures and pressures, in an environment with the presence of hydrogen.
Restart Energy has so far completed more than 120 PV projects and more than 50 MW installed with the help of which 13,209 kg of CO2 emissions have been avoided.
For 2024, ED&C estimates a turnover of RON 9 million, consolidating its position as one of the most important players in its field, both nationally and regionally.
The three Rețele Electrice companies initiated a public tender on the SEAP platform, with a maximum cumulative value of around RON 190 million.
Rompetrol initiated the processes of restarting the production facilities at the Petromidia Navodari refinery, after the timely completion of the maintenance and modernization.
Turkish land systems manufacturer Otokar has entered into a joint venture (JV) agreement with Romanian defense company Automecanica to manufacture Otokar Cobra II 4x4.
Bolt Food, the food delivery arm of the ride-sharing platform Bolt, has appointed Alexandra Dinovici as the new General Manager for its local operations.
Premier Restaurants Romania, the operator of McDonald's restaurants in the country, announced a turnover of over RON 2 billion (€401 million) in 2024.
The Macroeconomic Confidence Index, compiled by the CFA Romania Association, has shown a modest increase in March 2025, rising by 7.3 points to 43.9 points.
Chinese car maker Chery has officially announced its entry into the Romanian market through a partnership agreement with Auto Italia Group, part of the Samelet Group.