Tag: acquisition

HEP takes over PPD’s gas supply and distribution business – Croatia, 17 March 2020

There has been another major takeover in Croatian gas market. Namely, after last year’s takeover of local gas distributor Plin Vtc, state-owned power utility HEP has now taken over gas supply and distribution segment of Prvo Plinarsko Drustvo (PPD). HEP’s gas subsidiary HEP Plin has signed contra Full article available for subscribers of Energy NEWS […]

Hidroelectrica prepares binding bid for CEZ’ Romanian assets – Romania, 13 March 2020

Romanian electricity producer Hidroelectrica announced the approval of the extraordinary general meeting of shareholders for April 14 to decide the approval of the company’s participation in the sale of CEZ assets. The notice stipulates the approval of the preparation and submission of an underta Full article available for subscribers of Energy NEWS service (PDF publications, […]

Austrian company to enter Bulgarian energy sector – Bulgaria, 09 March 2020

Bulgarian Commission for the Protection of Competition (CPC) approved the acquisition of 100 % capital of Bulgarian companies ACWA Power CF Karad PV Park and Nomac Bulgaria by Austrian startup Enery Development. According to CPC, Enery Development, which was established last year, does not operat Full article available for subscribers of Energy NEWS service (PDF publications, energy […]