PPC Group's Romanian supply companies have merged

Green Forum

3 January, 2025 at 6:45 PM

Starting December 31, 2024, PPC Energie and PPC Energie Muntenia, both part of the PPC Group in Romania, will merge. This strategic move aims to streamline electricity and natural gas supply operations, reduce the impact of market fluctuations, and improve flexibility, ensuring that customers continue to receive high-quality services at competitive prices.

Ionut Dună, General Director of PPC Energie, highlighted that the merger will strengthen the company's position in the Romanian energy market while enhancing the overall customer experience. The unification will allow PPC Energie to offer additional value through advanced energy solutions and personalized support, all while maintaining superior service quality.

From December 30, 2024, to January 5, 2025, some PPC Energy services, including the MyPPC app, will be temporarily unavailable as the systems are updated for the merger.

After the merger, PPC Energie S.A. will take over the supply contracts and billing for PPC Energie Muntenia customers, but there will be no changes to the existing agreements.

EC approves €578 million aid for Romanian energy-intensive firms

The European Commission has approved, under EU State aid rules, a €578 million Romanian scheme to lower an electricity levy rate for energy-intensive companies

Business

PPC Group commits €10 billion for green energy

PPC Group has announced a bold investment plan of €10.1 billion over the next three years.

Finance

Electrica to issue green bonds and build two solar plants

Electrica's shareholders have approved the issuance of green bonds, supporting the company's strategy for energy transition and sustainable development, with a cap of up to €500 million.

Energy

Eurowind Energy starts 48 MW Pecineaga wind farm

Eurowind Energy has achieved a significant milestone by installing the first wind turbine at its Pecineaga wind farm in Constanța County, Romania.

Industry

OMV Petrom starts construction on Romania's largest solar project

OMV Petrom has initiated construction on its largest solar project in Romania.

Business

Engie Romania funds 5 green projects in Bucharest

Transformations in schools, the Botanical Garden, and the Circular Economy Center offer Bucharest residents direct opportunities for practical learning and active involvement in the community.

Energy

Romania's prosumers exceed 2 GW in solar power capacity

Romania's solar power sector is experiencing explosive growth, driven primarily by prosumers.

LATEST NEWS

14 Nov

Leading developer speaks out: Permitting gridlock pushes investments out of Bucharest

13 Nov

Turkish investors pour millions into Romanian green energy

5 Nov

Data centres, new energy infrastructure boost real estate investment sentiment

5 Nov

Small towns and rural communities: The next growth market for strip malls

4 Nov

Globalworth renews Access4you certification for entire Romanian portfolio

CONFERENCES

CEE PROPERTY FORUM & AWARDS GALA 2024 - VIENNA, AUSTRIA

POLAND ESG FORUM 2024

Romania ESG Forum 2024

RECOMMENDED FROM THE HOME PAGE

Business

Cost remains main driver and biggest barrier in sustainability

51% of Romanian entrepreneurs see sustainability as a way to reduce operational costs, yet the same proportion say implementation is too expensive, according to a new study by BRD Groupe Société Générale. Conducted among micro and small-to-medium enterprises, the research outlines how Romanian entrepreneurs perceive the opportunities and challenges of transitioning to sustainable business models.

Energy

Turkish investors pour millions into Romanian green energy

Romania is emerging as a key destination for Turkish renewable energy investments, attracting growing interest from industrial and financial groups. Real grid connection opportunities for projects, infrastructure modernisation potential, and investment framework stability make Romania strategic for Turkish capital as Europe accelerates its transition to sustainable sources and energy independence.

Environment

Nearly 772 million liters of water are lost annually due to leakages

The Annual Water Report, based on over 13.5 billion liters of monitored water usage across 5,370 properties in 36 countries, reveals that 67% of properties experience water leakage yearly. With rising water scarcity, increasing tariffs, aging infrastructure, and stricter regulations, property owners are under growing pressure to better understand their water consumption.

Real estate

Iulius invests €29 million in Europe's largest private soil cleanup

Romanian developer Iulius has launched Europe's largest private bioremediation project, investing €29 million to clean 38 hectares of contaminated land in downtown Constanța. The project will transform the former Oil Terminal platform into an integrated urban regeneration complex worth over €800 million.

Energy

EU struggles to agree on climate targets, set to miss UN deadline

The European Union is at risk of missing a key United Nations deadline for submitting updated climate targets, as internal disagreements among member states delay a final decision on emissions goals for 2040.

POPULAR

Business

4 weeks ago

Cost remains main driver and biggest barrier in sustainability