The shareholders of CE Oltenia have decided to resume talks with Tinmar Energy for the setting up of a series of joint ventures for the construction of four photovoltaic parks with total installed capacity of around 280 MW and a 475 MW gas-fired power plant in Turceni.
CE Oltenia will hold 59.9% in the company that will build the gas-fired power plant in Isalnita, representing a contribution of EUR65 million to the project, and the selected investor, Alro, will hold 40.1%, accounting for a contribution of more than EUR43.5 million.
OMV Petrom, the largest integrated energy company in Southeast Europe, will build, in partnership with Complexul Energetic Oltenia (CE Oltenia), four photovoltaic (PV) parks with a total power capacity of ~450 MW, with investments set to top EUR400 million.
The Investment Committee of the Modernization Fund has approved Romania’s request for financing for the future gas-fired power plants of state-run energy holding Complexul Energetic Oltenia (CE Oltenia) and also confirmed the financing for photovoltaic (PV) park projects.
The European Commission (EC) on Wednesday said it has approved Romania’s plan to grant up to EUR2.66 billion in restructuring aid to energy company Complexul Energetic Oltenia (CE Oltenia).
CE Oltenia, an entity currently securing over 20% of Romania’s energy, this autumn awaits the first binding offers for the new generation portfolio it is trying to build by 2026.
Romania's government has approved a restructuring grant of RON664 million to energy holding CE Oltenia, a state-owned coal-based electricity producer.