Greece's PPC completes purchase of Lukoil's 84 MW wind farm in Romania

Green Forum
Public Power Corp (PPC), based in Greece, has completed the acquisition of the 84 MW wind farm owned by Lukoil in Romania.

Following the fulfillment of customary conditions precedent as stipulated in the relevant agreement, PPC has acquired a 100% stake in Land Power s.r.l., a Romanian wind park boasting an impressive total installed capacity of 84MW.

Situated in Dorobantu and Topolog, Romania, these regions are renowned for their optimal wind conditions, enabling the wind park to generate over 200 GWh annually. 

The acquisition was executed through a rigorous competitive process, attracting participation from international firms. Ultimately, PPC Renewables emerged as the preferred bidder, securing the transaction.

RECOMMENDED
Auchan launches 2023 sustainability report
Business

Auchan launches 2023 sustainability report

Auchan Romania has released its fourth annual Sustainability Report, a voluntary initiative designed to provide transparency into the company's activities and initiatives over the past year.

RECOMMENDED FROM THE HOME PAGE
Microsoft hits 100% renewable energy target five years early
Energy

Microsoft hits 100% renewable energy target five years early

Microsoft has achieved its goal of matching 100% of its annual global electricity consumption with renewable energy, reaching the milestone five years ahead of its 2025 target. The achievement supports the company's commitment to become carbon negative by 2030.

Real estate

How is EU real estate navigating the CSRD changes? Take our survey

The recent weakening of the CSRD may have some real estate developers cheering the compliance rollbacks, but the consequences could be complicated. A new research survey examines how EU real estate firms are navigating changes to the CSRD, and what that could mean for upcoming SFDR revisions.

Energy

Waldevar Energy builds utility-scale PV parks in Romania

Waldevar Energy has begun construction on two utility-scale photovoltaic parks for Doral Energy in Tudor Vladimirescu (Brăila County) and Ștefan Vodă (Călărași County), Romania. The projects will deliver 14 MWp of installed capacity using around 25,000 photovoltaic panels.

Industry

Lidl Romania exceeds 2030 sustainability targets early

Lidl Romania has published its eighth sustainability report for the 2024 financial year, announcing accelerated progress in reducing environmental impact. The retailer has achieved its international 2030 target for transitioning to natural refrigerants, with these now used in 100% of logistics centres and 81.7% of stores, compared to the original goal of 100% of logistics centres and 40% of stores. The company has also increased its green energy usage to 80% of total consumption.

READ MORE
Green Forum  |  19 February, 2026 at 10:24 AM
Green Forum  |  5 February, 2026 at 11:47 PM