CSRD

green energy

investment

waste management

mobility

carbon emissions

interviews

CSRD

green energy

investment

waste management

mobility

carbon emissions

interviews

Energy

Iberdrola to sell Romanian wind division to Premier Energy

Green Forum

30 April, 2024 at 7:00 AM

Iberdrola, the Spanish power utility, announced the sale of its Romanian wind subsidiary, Eolica Dobrogea One, to power and gas distributor Premier Energy Group for €88 million.

Eolica Dobrogea One possesses wind power assets with a total installed capacity of 80 MW, as stated in a press release by Iberdrola.

With regulatory authorities in Romania approving the transaction, Iberdrola will divest all its assets in the country. This move aligns with Iberdrola's broader strategy aiming for an asset rotation worth €12.2 billion from 2024 to 2026, according to the statement.

Premier Energy, a subsidiary of Czech investment firm Emma Capital, completed the acquisition of Eolica through its Romanian subsidiary, Premier Renewable Invest Co.

ENGIE acquires 54 MW wind project in Constanța

ENGIE Romania has completed the acquisition of a 54 MW wind power project located in Mereni, Constanța County.

Business

ENEVO Group commissions 69 MW solar park in Romania

ENEVO Group has announced the successful completion and commissioning of its photovoltaic park in Teiuș.

Environment

HORNBACH Romania to launch reusable plant trays

HORNBACH Romania, a key player in the local DIY retail market, will launch reusable plant trays across all nine of its stores in the country with the start of the spring season.

Environment

Holcim Romania reforest 8 hectares of degraded Land

This spring, Holcim Romania, in partnership with the “Plantăm fapte bune în România” initiative (EcoAssist Association), planted 40,000 acacia saplings on 8 hectares of degraded land in the village of Deveselu.

Business

Holcim launches 28.45 MW solar park in Hungary

Holcim has inaugurated a new solar park adjacent to its cement plant in Királyegyháza, Hungary, marking a significant advancement in the company's sustainability initiatives.

Energy

Iberdrola secures 1,000 GWh PPA with Pam Panorama

Iberdrola has signed a power purchase agreement (PPA) with Pam Panorama, a long-established Italian hypermarket and supermarket chain, for a total of 1,000 GWh.

Business

Amazon and Iberdrola expand 476MW renewable deal

Amazon and Iberdrola have expanded their global renewable energy partnership by adding 476MW of new power purchase agreements (PPAs) across five countries.