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.
Romanian property developer Alezzi Group has completed the transfer of its concrete production operations to Heidelberg Materials Romania, the construction materials producers.
The Galați Court has approved the modified asset recovery plan for Liberty Galați, paving the way for the auction of one of Romania's most important industrial assets to resume.
Nuclearelectrica has completed the first continuous concrete pour for the permanent structures of the Cernavoda Nuclear Power Plant Unit 1 refurbishment project. The operation used approximately 3,470 cubic metres of concrete for the foundation, equivalent to about 380 concrete mixer trucks.
Fondul Proprietatea has exercised its pre-emption right and subscribed to 5.6 million new shares in National Company Administrația Porturilor Maritime (CNAPM), investing €10.8 million to maintain its existing shareholding percentage.
Romania's central bank announced on Friday that annual inflation will rise above previously forecast levels in Q2 2026, but will experience a substantial downward correction in Q3.