Energy | 21 July, 2025 at 3:14 PM
Engie Romania secures €90 million loan for renewable projects
The EBRD is bolstering Romania's renewable energy sector with a €90 million loan to Engie Romania utility.
The EBRD is bolstering Romania's renewable energy sector with a €90 million loan to Engie Romania utility.
Engie Romania has completed its sixth photovoltaic park, with a capacity of 37.2 MWp, located in Ariceștii Rahtivani, Prahova County.
Engie Romania has announced the acquisition of a 54 MW wind farm project in Mereni, Constanța. The deal contributes to the company's goal of reaching 1 GW of installed capacity.
Each initiative benefits from funding between RON 230,000 and almost RON 270,000 and the projects are planned to be completed throughout 2025.
The World Bank has significantly downgraded its economic growth projections for Romania this year, lowering expectations to 0.5% from the 1.3% forecast issued at the start of 2026.
Foraj Sonde Videle has announced the acquisition of Raffles Energy, a British holding company that owns two Romanian energy companies active in natural gas and electricity production.
Econergy Renewable Energy has secured approximately €31 million in project financing from Kommunalkredit Austria to develop its 60 MW photovoltaic project in southeastern Romania.
Romanian software company Arobs Transilvania Software has completed the merger by absorption of five subsidiaries - Arobs Development & Engineering, Berg Computers, Nordlogic Software, Infobest Romania, and Centrul de Soft GPS.
The European retail sector faced a cooling period in February 2026, with the latest Eurostat data revealing a divergence between a stabilising Union and a sharply declining Romanian market.