electricity

Restart Energy, one of the largest independent suppliers of electricity and natural gas on the local market, announces the launch of RED, the first tokenized carbon offset ecosystem. The platform allows individuals, companies, and other…

As last month saw consistent price hikes, driven up by increases in energy and fuel tariffs, the inflation was up to 5.25% in August compared to the same month last year. Electricity, oil, gas and fuel are the products that have become more…

Covasna, Ilfov and Iasi are among the most polluted counties in Romania, along with Bucharest, while Harghita and Galati can boast the lowest annual concentration of PM10 particles in the country, according to an Airly study. The top 5…

Volker Raffel is the new CEO of the E.ON Romania Group starting with August 1, taking over the attributions from Manfred Paasch, who retired from the position he held for almost two years. From the same date, Mirko Strube became CFO of the…

Restart Energy, one of the largest independent suppliers of electricity and natural gas in Romania, entered into a joint venture with the Washington, DC based Interlink Capital Strategies to develop 500 million dollars in green energy in…

The largest increases in household electricity prices, in national currencies, were registered in Lithuania (+13.6%), ahead of Poland (+12.9%), Luxembourg (+10.5%), Romania (+9.1%) and Czechia (+8.0%), between the first half of 2019 and the…

Deloitte Romania advised the Czech energy group CEZ in the sale of seven of its Romanian subsidiaries, active in electricity distribution, supply and renewables, to the infrastructure investor Macquarie Infrastructure and Real Assets…

Macquarie Infrastructure and Real Assets (“MIRA”) today announced that a consortium led by Macquarie European Infrastructure Fund 6 (“MEIF6”) has reached an agreement to acquire a portfolio of Romanian power assets owned by ČEZ Group.…

E-Distribuţie companies in Romania will invest 483 million lei (approximately 100 million euros), during the current year, in the modernization of the electricity network in Bucharest and in the ten counties in Romania in which they…

As Romania has recorded the highest electricity price growth in EU for heavy consumers, European Union is offering 60% non-reimbursable funds for the heavy energy consumers, up to 15 mln. EUR, through the POIM 6.4 financing axis, which can…