Rețele Electrice Romania, part of the PPC group, has launched a procurement procedure for modernising medium and low voltage networks in Bocșa, Caraș-Severin county. The project, worth over RON 198 million (€40 million) excluding VAT, will benefit approximately 17,000 inhabitants and is co-financed through the Modernisation Fund.
Rețele Electrice Romania, part of the PPC group in Romania, is investing approximately RON 70 million (€14 million) to upgrade Bucharest's electricity distribution infrastructure.
Energy group PPC has launched a fast-charging solution that operates on 100% renewable energy.
Rețele Electrice România, part of the PPC Group in Romania, has launched a public tender on the SEAP electronic public procurement platform for the purchase of power transformers.
Rețele Electrice Romania, part of the PPC Group, has initiated a tender on the SEAP electronic public procurement platform.
The company is also launching the new Rețele Electrice Romania website, www.reteleelectrice.ro, with a series of new features.
The transaction adds to a record portfolio of nearly 5 GW of renewable energy projects advised in 2024, across various areas.
Clifford Chance Badea advised PPC Group throughout the entire transaction, providing support on aspects of due diligence.
The electric mobility company within the PPC group of companies in Romania adopts a new brand identity – PPC blue.
Carmistin The Food Company has secured financing of approximately €500 million to continue investments in agriculture and the food industry through a partnership with a bank syndicate.
Romanian construction company Bog'Art has published its 2024 Sustainability Report, marking the second year the company voluntarily reports on its ESG performance.
Fitch Ratings has affirmed its Long-Term Issuer Default Rating of BBB- with a negative outlook for Romanian state-owned nuclear power company Nuclearelectrica.
Nyerges & Partners advised Jinko Power Technology on its entry into the Romanian market through the acquisition of a 50 MW photovoltaic plant combined with a 150 MWh battery energy storage system (BESS) in Olt, southern Romania.
Griffes has leased 6,000 sqm of office space in Unirii View, one of Bucharest's Class A office buildings. Of the total space leased, 2,000 sqm represents new tenants, while three existing tenants expanded their operations.