Property group NEPI Rockcastle has purchased a photovoltaic project in Arad County, Western Romania and plans to start its construction in early 2025.
To execute these projects, the two companies intend to utilize their own financial resources, bank financing, and European funds.
The capacity is part of the first hybrid photovoltaic-wind-battery project, installed at the existing operational 50 MW project.
Optional pension funds in Romania can allocate up to 10% of their total assets to private equity investment funds in Romania, the EU, and OECD countries.
Engie Romania has announced the acquisition of a 54 MW wind farm project in Mereni, Constanța. The deal contributes to the company's goal of reaching 1 GW of installed capacity.
SAI Globinvest, a Romanian investment management company, has launched the Globinvest Energy & Financials ETF,
Strabag, the European technology group for construction services, has reported a stable output volume of €19.2 billion in 2024.
Franklin Templeton International Services, the Sole Director and Alternative Investment Fund Manager of Fondul Proprietatea, has announced key management changes effective July 1 2025.