Energy | 7 February, 2025 at 8:55 PM
Electrica completes acquisitions of Crucea Power Park
Electrica finalized the acquisition of Crucea Power Park SRL (CPP), a company primarily focused on wind energy production.
Electrica finalized the acquisition of Crucea Power Park SRL (CPP), a company primarily focused on wind energy production.
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.
Electrica, a Romanian state-owned utility, has secured a €3.4 million grant from the National Recovery and Resilience Plan to fund a new energy storage project.
Electrica has completed the acquisition of Foton Power Energy SRL from Emanuel Muntmark and Cătălin Mrejeru.
Electrica and EsyaSoft will set up a joint-stock company that will have as its object of activity the production and operation of advanced technologies in the field of green energy.
Electrica has completed the acquisition of the project company New Trend Energy having as its main object of activity the generation of energy from photovoltaic sources.
The company disclosed its proposal to shareholders to endorse a cap of €300 million for the issuance of green bonds.
Electrica is implementing an AI algorithm system that will identify the energy footprint of the main receivers in the head office.
Sunwind Energy, the company bought by Electrica from Muntmark, is looking for a contractor for the "turnkey" construction of the 27 MW Satu Mare 2 photovoltaic park.
Sunwind Energy SRL, a subsidiary of the Electrica Group, and the Ministry of Energy have signed the non-refundable financing contract from the National Recovery and Resilience Plan (PNRR), for a photovoltaic park in the project phase.
Electrica bought the company Sunwind Energy, which develops the photovoltaic project "Satu Mare 2", with an installed capacity of 27 MW. The project is located near Botiz commune, Satu Mare county. Also, on February 6, 2023, Electrica announced the completion of the acquisition of the company Green Energy Consultancy & Investments, which develops the "Vulturu" photovoltaic project.
The energy supplier and distributor Electrica has completed the acquisition of the project company Green Energy Consultancy & Investments, which is developing the Vulturu photovoltaic project, Vrancea county, with an installed capacity of 9,75 MW (evacuating power in the network).
Conducted in autumn 2025, the RICS Sustainable Real Estate Survey Europe gathered 112 responses from valuers, developers, investors and other professionals across 30 countries. The findings confirm that ESG has moved from a peripheral concern to a core driver of real estate value, risk and decision-making across Europe.
ProCredit Bank Romania has launched a CO2 Emissions Calculator to help microenterprises and small and medium-sized enterprises quantify and understand their carbon footprint. This initiative reflects the Procredit Group's commitment to achieve net-zero emissions by 2050, with client engagement at the core of its Climate Action Strategy.
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.
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.
DP World has launched a five-year coastal restoration programme to create underwater "forests" of native seaweed to boost marine life near the Constanța South Container Terminal on the Black Sea.
