Europe: Gas prices slide...

In Week 30 of 2025, European gas prices declined, with Dutch TTF prices...

Region: Heatwave drives SEE...

In Week 30 of 2025, electricity market prices rose significantly across most Southeast...

Romania: INVL Renewable Energy...

INVL Renewable Energy Fund I, managed by INVL Asset Management and focused on...

Croatia: Summary of Guarantees...

On 29 July, a total of 231,827 Guarantees of Origin (GOs) were sold...
Supported byClarion Energy
HomeSEE Energy NewsGreece, PPC could...

Greece, PPC could take over Enel in Romania in just a few weeks

The Greek PPC, which is currently conducting due diligence for the planned acquisition of the Romanian subsidiary of the Italian energy group Enel, completed about 70 percent of the procedure without difficulty and could conclude the deal in the next two to four weeks.

If the two parties reach an agreement, PPC will fully take over the Romanian subsidiary of the Italian group. This major move facilitates the Greek company’s plan to expand into the Balkan energy market via Romania, the region’s fastest growing economy.

The deal with Enel Romania would give PPC full control over the company’s Romanian assets, regardless of the subsidiary’s various stakes in transmission, supply and RES companies, ranging from 51 to 100 percent. Enel holds management rights in all its ventures in Romania, which are also included in the sale.

PPC officials have ruled out expressing interest in Enel’s stake in the Greek market. Property prices on the Greek market significantly exceed those on the Balkan markets, they explained.

A deal with Enel in Romania would offer PPC access to three million new customers in Romania, in addition to the company’s five million existing customers in Greece.

It would also offer PPC access to rich natural gas deposits in the Black Sea, as well as LNG arriving at Greek ports, at favorable prices – currently via the Revithoussa terminal just outside Athens and, in the near future, via the FSRU in Alexandroupolis, in the north-east Greece.

Sign up for updates & special reports

Supported byOwner's Engineer banner

Recent News

Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Europe: Gas prices slide in Week 30 amid strong supply, cooling demand

In Week 30 of 2025, European gas prices declined, with Dutch TTF prices falling below €34/MWh — the lowest level recorded since April 29, 2025. This decrease was mainly driven by steady Norwegian gas supplies and continued progress in...

Region: Heatwave drives SEE electricity prices to summer highs in Week 30 of 2025

In Week 30 of 2025, electricity market prices rose significantly across most Southeast European (SEE) countries compared to the previous week. All markets recorded weekly average prices above €100/MWh, with the exception of Türkiye. This marked the highest price...

Romania: INVL Renewable Energy Fund I secures €29.3 million loan for 71 MW solar project

INVL Renewable Energy Fund I, managed by INVL Asset Management and focused on renewable energy projects, has obtained a €29.3 million loan from Kommunalkredit Austria to finance the construction of a 71 MW solar power plant in Dolj County,...
Supported byVirtu Energy
error: Content is protected !!