Tag: acquisition

British MetalNRG negotiating the acquisition of oil company in Romania – Romania, 04 December 2019

British company specializing in investments in natural resources MetalNRG announced that it has entered into exclusive negotiations with a London partner, whose identity was not disclosed, in order to take over a majority stake of a Romanian oil and gas operator. MetalNRG and its London partner a Full article available for subscribers of Energy NEWS […]

SAPE submitted non-binding offer for CEZ’ Romanian assets – Romania, 05 December 2019

According to unofficial information, the Management Company for Ownership in Energy (SAPE), which manages state-owned minority stakes in now privatized energy companies, has submitted a non-binding offer to purchase the Romanian assets of Czech energy company CEZ. Although the bidders are held by Full article available for subscribers of Energy NEWS service (PDF publications, energy […]

SGCC interested in increasing its stake in ADMIE – Greece, 12 November 2019

During his meeting with Greek Minister of Energy Kostis Hatzidakis, Chairman of the State Grid Corp of China (SGCC) Wei Kou expressed the company’s interest to increase its 24 % stake in Greek electricity transmission system operator ADMIE. He also confirmed the interest of SGCC to acquire a 20 % Full article available for subscribers […]