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.
It will help reduce Romania energy sector's carbon footprint by an estimated 500,000 tons of carbon dioxide equivalent emissions per year.
The project also includes a connection contract to the network operated by Distribuție Energie Electrică Romania, ensuring the integration into the national system.
The Urleasca wind farm is expected to make a significant contribution to Romania's renewable energy goals, with generation capacity of 292 GWh per year.
CMS has advised global energy company Iberdrola on the agreement to sell Eolica Dobrogea One wind company, their Romanian 80MW wind energy production facility.
Located in Tulcea, the wind farm generates more than 200 GWh of electricity per year.
The merger process marks the first step in a series of similar initiatives that AROBS's management plans to implement in the long term.
French and German families will benefit from sizable price reductions this year, while Romanian ones will see an increase.
VTEX has achieved the AWS Consumer Goods Competency, distinguishing itself as a provider that has demonstrated technical proficiency and proven customer success.
CTPark Bucharest South is strategically located between Bucharest's ring road and the future A0 Motorway, with direct access to the A0.
Corinthia Hotels Group, the operator of Grand Hotel du Boulevard, actively supports local art and culture through initiatives that promote artists in the local communities.