In terms of operational highlights, the owned renewable energy sources (RES) production registered a 38% YoY increase in the first nine months of 2024.
Premier Energy Group maintained a highly liquid financial position, with approximately €109 million in net working capital and cash balance as of the end of the first half of 2024.
The facility of €61 million will be used by Premier Renewable Invest Co. SRL to finance the acquisition of the shares in Eolica Dobrogea One SA member of Iberdrola Group.
CMS has advised global energy company Iberdrola on the agreement to sell Eolica Dobrogea One wind company, their Romanian 80MW wind energy production facility.
Romania faces an economic maturity test, with the key question being whether it can transform current vulnerabilities into reforms and progress.
TotalEnergies Marketing Romania has announced the appointment of Franck Bagouet as Managing Director of TotalEnergies Marketing Romania and Managing Director Automotive Southeast Europe Hub TotalEnergies Marketing.
Vlasceanu & Partners has advised Econergy on a €40.5 million project financing from UniCredit Bank for the development of an 87 MW photovoltaic project in Oradea, Romania.
Socar Petroleum has opened its first petrol station in Baia Mare, bringing its total network to 88 stations across 30 counties in Romania.
DN Agrar Group, one of Romania's leading integrated agrifood companies and Europe's largest dairy milk producer, has started operations at its second automated manure composting facility at the Lacto Agrar farm.