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Slovenia: S&P affirmed Petrol’s long-term credit rating at BBB-

Slovenian energy company Petrol said Standard & Poor's (S&P) has affirmed its BBB- long-term and A-3 short-term credit rating. S&P also affirmed the outlook of...

Slovenia: ESG rating assigned to Petrol

Petrol announced that rating agency Standard and Poor's (S&P) has assigned an environmental, social, and corporate governance (ESG) rating of 56 to the company....

Bulgaria: S&P – NEK’s rating upgraded to BB with a stable outlook

Rating agency Standard & Poor's (S&P) raised long-term issuer credit rating on National Electricity Company to BB from BB- with a stable outlook due...

Latest news

SEE power prices jump as weekday demand returns, Serbia tops €300/MWh

Southeast European day-ahead electricity prices surged on Monday, October 19, as the return of weekday demand, weaker renewable generation forecasts and continued reliance on...

Greece unveils €200 million battery storage scheme as project pipeline grows

Greece is preparing a €200 million battery-storage support programme as the country seeks to accelerate the deployment of standalone batteries and renewable-linked storage. The...

Djerdap 3 pumped-storage: Bechtel-Enka qualifies as Serbia prepares planning

Serbia has advanced work on the proposed Djerdap 3 pumped-storage hydropower project, with a Bechtel-Enka consortium qualifying for the next stage of government negotiations....

Romania extends 25% diesel excise reduction until Oct. 31

Romania will keep a 25% reduction in diesel excise duty until Oct. 31, extending temporary relief for transport operators and other businesses. The decision...

R.Power completes 55-MW Lazuri solar plant in Romania; grid link by end-2026

Polish renewable-energy developer R.Power has finished construction of the 55-MW Lazuri solar plant in Romania’s Satu Mare county. Grid connection is expected before the...