Energo - CEE/FSU Power

8 August 2024

Greek PPC to take over €700mn renewables portfolio from Macquarie in Romania

7 August 2024

629MW renewable energy generation portfolio to double PPC's assets in Romania, as it expands in Southeast Europe.

Moldova turns into net electricity exporter on lower domestic consumption in Q2

7 August 2024

The industrial slowdown dragged down total electricity consumption in Moldova in Q2, while it exported power to Ukraine and the separatist Transnistria region.

EBRD, Eiffel to allot €24mn to Lithuania's INVL fund for solar plant in Romania

7 August 2024

The French asset management company Eiffel Investment Group (Eiffel) and the European Bank for Reconstruction and Development will provide €24.4m in funding to INVL Renewable Energy Fund I to construct a 60-MW solar power plant in Romania.

JT Grup’s shares down 20% from discounted IPO price after first day on Bucharest exchange

6 August 2024

The shares of JT Grup, a company involved in petroleum product distribution and port operations dropped by 20% compared to the price paid by the investors in the €4mn IPO earlier last year after the first day of trading at Bucharest Exchange.

Russia, Belarus set up joint electricity market

6 August 2024

Russian President Vladimir Putin and Belarus President Alexander Lukashenko have signed off on an agreement to unite their energy markets as part of plans to create a Union State.

EBRD, Eiffel Investment Group lend €24.4mn to INVL Renewable Energy Fund I for PV plant in Romania

6 August 2024

The European Bank for Reconstruction and Development (EBRD), together with Eiffel Investment Group, will provide in equal shares €24.4mn funding to INVL Renewable Energy Fund I for constructing a 60MW solar power plant in Romania.

Water level in Zaporizhzhia nuclear power plant cooling pond declines, raising safety concerns

6 August 2024

The water level in the cooling pond of the Zaporizhzhia Nuclear Power Plant is continuing to fall, potentially complicating the process of pumping water if the trend persists.

JT Grup floats its shares at Bucharest Exchange after €4mn IPO

5 August 2024

Fuel distributor and port operator JT Grup Oil, which is building the newest private terminal for petroleum products in the port of Constanta, will list its shares at Bucharest Stock Exchange on August 6.

Belgium allocates €9mn for Ukrainian energy infrastructure, underground hydroelectric power station planned

1 August 2024

Belgium has allocated €9mn to repair Ukraine's damaged energy infrastructure. Ukraine is planning its first underground hydroelectric power station to help alleviate the country’s energy crisis.