Tag: investment

Enel invested 400 million euros in electricity network in the past five years – Romania, 07 December 2018

The E-Distributie electricity distribution companies, part of the Enel group, have invested 400 million euros in the last five years in the network in Muntenia, Banat and Dobrogea regions, with equipment made in Romania. Enel has some 2.8 million customers in Romania. The company further improved Full article available for subscribers of Energy NEWS service […]

CEZ Bulgaria to borrow 30 million euros from parent company – Bulgaria, 05 December 2018

CEZ Distribution Bulgaria, a subsidiary of Czech energy company CEZ, said that it will borrow up to 30.67 million euros from its parent company in order to finance its operating needs and a part of its investment program for 2018 and 2019. The terms of the loan are not less favorable to CEZ Distr Full article […]

490 million euros to be invested in hydropower plants – Croatia, 06 December 2018

Croatian Prime Minister Andrej Plenkovic said at the launch of the new generator at hydropower plant Ozalj that state-owned power utility HEP is implementing a large-scale investment cycle that includes almost 490 million euros for the reconstruction of HPPs in Croatia. PM Plenkovic said that HEP Full article available for subscribers of Energy NEWS service […]