Electrica has acquired a local company holding the rights to a 57 MW solar project in the northwestern part of Romania.
New Trend Energy, the special purpose vehicle developing the scheme, was bought for 3.25 million euros, Electrica said in a bourse filing.
The transaction, originally agreed in the summer of 2021, makes Electrica the owner of a photovoltaic project in Doba, Satu Mare county, located on the border with Hungary and Ukraine. The Satu Mare 3 scheme is currently in the shovel-ready phase.
