Premier Energy acquires 200 MW battery storage project in Romania
Premier Energy has acquired a 100% stake in a 200 MW battery storage system development near Iași, Romania. The ready-to-build project has a capacity of 400 MWh.
Premier Energy has acquired a 100% stake in a 200 MW battery storage system development near Iași, Romania. The ready-to-build project has a capacity of 400 MWh.
The Romanian mergers and acquisitions (M&A) market recorded 216 transactions in the first nine months (9M) of 2025, an 8.5% increase compared to the same period in 2024.
Premier Energy has announced the acquisition of a 51% stake and management control of Iberdrola Renovables Magyarország KFT, a subsidiary of Spanish energy giant Iberdrola.
Premier Energy said its normalised revenue increased by 49% year-on-year, reaching €797.5 million in H1 2025, while its normalised net profit grew by 23% year-on-year.
Romanian engineering group Simtel Team has announced the appointment of Mihai Velicu as its new Group CFO.
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Starting in February, natural gas supply will be managed by Premier Energy SA, while NeoGas Grid will be responsible for the distribution of natural gas within the group.

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Premier Energy has acquired a 100% stake in a 200 MW battery storage system development near Iași, Romania. The ready-to-build project has a capacity of 400 MWh.