Etem Gestamp, the Sofia-based joint venture between Viohalco Group and Spain's Gestamp Group, has signed a 10-year virtual power purchase agreement (VPPA) with Rezolv Energy, the Actis-backed independent power producer.
Actis-backed Rezolv Energy, through its project subsidiary First Look Solutions, has secured incremental project finance facilities of up to €331 million.
Expected to begin operating commercially by the end of 2025, the first phase of VIFOR Wind Farm will supply clean electricity to approximately 108,000 households.
T-Mobile Czech Republic, Slovak Telekom and CE Colo Czech Republic, all part of the Deutsche Telekom Group, have signed cross-border virtual Power Purchase Agreements (VPPAs) with Rezolv Energy.
Meta Estate Trust has announced the development of a new commercial asset in Vânători commune, Galați County, based on a 15-year lease agreement with Penny, part of the German Rewe group.
PPC Renewables Romania will build a battery energy storage system (BESS) with a capacity of 60 MW / 120 MWh at the Târgușor wind farm in Constanța County.