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.
Visual Fan, through its renewable energy division Allview Energy, has completed construction and installation work for a 46 MWp photovoltaic power plant in Țăndărei, Ialomița County.
Bozankaya, a manufacturer of electric vehicles and urban transport solutions, has signed a new contract with Timișoara City Hall for the production of 10 trams for the city's public transport system.
Telecom company Digi Communications has converted 16,974 class A shares into class B shares to fulfill obligations under its ongoing stock option plan.
Nearly two-thirds (62%) of Romanian business leaders anticipate increased threats to their companies in 2026, yet over four in five (85%) remain optimistic about growth prospects for their organisations, according study by Grayling among top executives from IT, finance, energy, retail, health and media sectors.
Romania's Ministry of Finance has listed government bonds worth over €200 million from its second Fidelis issuance of 2026 on the Bucharest Stock Exchange (BVB).