PPC finalizes Evryo Group renewable acquisition in Romania

Green Forum
PPC has finalized the acquisition of Evryo Group's renewable energy portfolio in Romania, previously owned by funds managed by Macquarie Asset Management, following the announcement on August 6, 2024.

This transaction represents a key milestone in PPC Group's strategy to expand its renewable energy sources (RES) portfolio and advance its commitment to the green energy transition in Southeast Europe.

With the addition of 629 MW in RES capacity from Evryo Group, PPC Group has doubled its renewable energy assets in Romania. This achievement aligns with its objectives of regional growth and diversification, focusing on high-capacity wind and hydro projects.

The acquired portfolio includes 600 MW of operational onshore wind power, 22 MW of hydro, 1 MW of solar photovoltaic energy, and 6 MW of battery storage, alongside 145 MW of assets in development. This significant expansion brings PPC Group's total renewable capacity to 5.5 GW across all regions, strengthening its position as a leading renewable energy producer in Southeast Europe.

Valued at approximately €700 million, the transaction adheres to PPC Group's financial policy and debt management targets. The acquired assets are projected to contribute €100 million annually to EBITDA, bolstering PPC's solid growth trajectory.

This acquisition underscores PPC Group's dedication to becoming a regional leader in sustainable energy and supports the development of synergies in energy trading, supply, and risk management within the Romanian market.

PPC's growing presence in Romania aligns with its mission to deliver reliable and sustainable energy solutions to an expanding customer base in Southeast Europe.

RECOMMENDED
Renalfa acquires PV project in Romania
Business

Renalfa acquires PV project in Romania

Renalfa IPP, an independent energy developer and producer based in Vienna, has acquired a 258 MWac photovoltaic (PV) project located in Teleorman, Romania.

RECOMMENDED FROM THE HOME PAGE
DSV boosts energy self-sufficiency with solar power
Energy

DSV boosts energy self-sufficiency with solar power

DSV – Global Transport and Logistics, the world's largest logistics operator, has launched a solar installation at its warehouse in Łozienica, Poland, in partnership with commercial real estate investor Accolade. The installation will meet the energy needs of Poland's first multi-client warehouse equipped with an AutoStore system.

Energy

Etem Gestamp signs cross-border wind power deal with Rezolv

Etem Gestamp, the Sofia-based joint venture between Viohalco Group and Spain's Gestamp Group focused on aluminium extrusion and processing for the automotive industry, and Rezolv Energy, the Actis-backed independent power producer, have signed a 10-year virtual power purchase agreement (VPPA) in Bulgaria. The VPPA will see Etem Gestamp buy electricity from Rezolv Energy's 461MW 'Vifor' wind farm, which is about to come onstream in Buzău County, Romania. It is the first cross-border wind PPA that has been publicly announced in Bulgaria.

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.

READ MORE
Green Forum  |  31 March, 2026 at 10:44 AM
Green Forum  |  30 March, 2026 at 10:00 AM