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Fondul Proprietatea

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Romania: Electrocentrale Craiova launched tender for 295 MW combined cycle power plant

Electrocentrale Craiova opened a tender for the construction of a 295 MW gas-fired combined heat and power plant (CHP) with an estimated budget of...

Romania: Fondul Proprietatea sold a minority stake in Engie

Fondul Proprietatea (FP) completed the transaction by which it sold its 12% stake in Engie Romania to the company's majority shareholder, for 432.6 million...

Romania: Government to stop Fondul Proprietatea from selling stake in Engie

The Romanian government, which holds 6.5 shares in Fondul Proprietatea and 10.4% of the voting rights, announced plans to stop the sale of FP’s...

Romania: Fondul Proprietatea sells its Engie stake

Romanian property restitution fund Fondul Proprietatea sold its 11.99% stake in energy distributor Engie Romania to the majority shareholder, GDF International, for 432.6 million...

Romania: FP gets 87 million euro bid for Engie’s shares

Romanian property fund Fondul Proprietatea has received a binding offer from GDF International for the sale of its 11.99% stake in electricity distributor Engie...

Romania: Hidroelectrica starts trading on Bucharest Stock Exchange 7% above IPO price

The shares of Romanian hydropower group Hidroelectrica (BSE: H2O) started trading on the Bucharest Stock Exchange last week, July 12, with a gain of...

Latest news

Slovenia net generation down 13% in August as imports increase

Slovenia’s net electricity generation fell 13% year on year in August to 919 GWh. Production was also 7% lower than in July. The month’s...

Serbia launches $600 million gas network modernisation with World Bank support

Serbia has secured a $600 million World Bank framework for a gas-system overhaul. The programme is planned as a decade-long modernisation of Serbia’s gas...

Bulgargaz obtains 10-year wholesale gas licence for Serbia

Bulgargaz, the Bulgarian state-owned gas supplier, has secured a 10-year wholesale gas licence in Serbia. The permit authorises the company to conduct commercial gas...

North Macedonia generation drops 22% in July as renewables rise

North Macedonia’s gross electricity generation declined 22.3% year on year to 460,035 MWh in July, even as hydro and wind output increased. The month’s...

MVM begins foundations for 1 GW combined-cycle plant at Tiszaujvaros

Hungarian state-owned utility MVM has started foundation work on a new 1,000 MW combined-cycle gas-fired power plant at the former Tisza II site in...