Tag: Electrica

Electrica’s subsidiary merger might cost the company 128 million euros – Romania, 18 September 2020

The merger of the three subsidiaries of Romanian electricity supplier and distributor Electrica might cost it up to 128 million euros. Under the new regulations, the three merged regional distribution networks operated by Electrica must charge the lowest of the distribution fees currently charged Full article available for subscribers of Energy NEWS service (PDF publications, […]

Electrica banned from participating in state tenders – Romania, 01 September 2020

Romanian Competition Council has published a list of companies that have been investigated for rigging public tenders. The list includes 35 companies, including some big ones such as Electrica Group, electric equipment producers Energobit and Electromagnetica. Companies that offer services in the Full article available for subscribers of Energy NEWS service (PDF publications, energy news, […]

Electrica completed the acquisition of Stanesti solar power plant – Romania, 01 September 2020

Romanian electricity supplier and distributor Electrica said that its subsidiary Electrica Furnizare has closed the acquisition of 7.5 MW Stanesti solar power plant. Electrica Furnizare acquired all shares in the plant’s operator Long Bridge Milenium from Cyprus-based company Raylexo Limited and Full article available for subscribers of Energy NEWS service (PDF publications, energy news, analyses, power […]