Govt. allows Hidroelectrica to bid for CEZ’s assets

Thursday, July 2, 2020

Hidroelectrica, the largest electricity producer in Romania, received on July 25 the agreement of its majority shareholder, the Economy Ministry, to submit a binding offer for the Romanian assets of the Czech group CEZ. Hidroelectrica will make the bid in a consortium with Electrica and SAPE, also controlled by the state. The approval also allows the company to contract a loan to finance the ...

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Energy & Environment

Thursday, July 2, 2020

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