Tag: Hidroelectrica

Hidroelectrica submitted letter of intent for the acquisition of CEZ assets – Romania, 08 October 2019

CEO of Romanian electricity producer Hidroelectrica Bogdan Badea confirmed that the company has submitted a non-binding letter of intent for the purchase of the Romanian assets of the Czech energy company CEZ. Badea said that in principle, Hidroelectrica is interested in acquiring all of CEZ’ ass Full article available for subscribers of Energy NEWS service […]

Merger with EC Oltenia will reduce Hidroelectrica’s performance – Romania, 04 October 2019

Private investment fund Fondul Proprietatea, a minority shareholder in Romanian electricity producer Hidroelectrica, said that proposed merger of the company with coal-based electricity producer Energy Complex (EC) Oltenia would affect the company’s performance, thus making its initial public offeri Full article available for subscribers of Energy NEWS service (PDF publications, energy news, analyses, power and […]

Government considering merging Hidroelectrica and EC Oltenia – Romania, 01 October 2019

The Romanian Government is considering the merge of lignite-powered plants of Energy Complex (EC) Oltenia and the hard coal plants of EC Hunedoara with hydro-based electricity producer Hidroelectrica, in case the European Commission does not approve the state aid envisaged for EC Oltenia. Upon the m Full article available for subscribers of Energy NEWS service […]