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.

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Green Forum  |  15 July, 2024 at 11:00 AM
Green Forum  |  15 July, 2024 at 10:00 AM