Connection

popular articles

Italy, United States, and Africa Confirm 1342 MW in New Wind Energy Orders with Vestas
Whitebark Energy finances its projects with Canadian oil revenues
Iraq: Demonstrations for water and electricity in the middle of a heatwave
Nigeria: What impact will the Dangote refinery have on prices and production?
Tokushima-Tsuda biomass power plant resumes operation after maintenance

EBRD buys stake in Premier Energy

European Bank for Reconstruction and Development (EBRD) becomes a shareholder in Premier Energy PLC, supporting the expansion of renewable energy production capacity in Romania and Moldova.
EBRD Acquires Stake in Premier Energy to Support Renewable Energy.

Please share:

EBRD (European Bank for Reconstruction and Development) buys a 3.2% stake in Premier Energy PLC following an IPO (Initial Public Offering). This investment of 77 million RON (15.5 million euros) enables EBRD to become a minority shareholder in Premier Energy, one of the leading energy infrastructure management companies in Southern and Eastern Europe. The funds raised by the IPO will be allocated primarily to increasing renewable energy production capacity in Romania, with the aim of reducing carbon dioxide emissions by over 168,000 tonnes per year.

Supporting green growth

EBRD’s investment in Premier Energy is in line with Romania’ s and EBRD’s green objectives. This financial participation was crucial to the success of the IPO, attracting other investors thanks to the anchoring provided by EBRD. EBRD will continue to support Premier Energy in its climate actions, low-carbon transition and improved corporate governance. Premier Energy is also committed to promoting gender equality within its operations.

Management declaration

Grzegorz Zielinski, Director of Energy Europe at EBRD, said:

“We are delighted to partner with Premier Energy and support its growth in renewable energy. Premier Energy’s energy transition strategy aligns perfectly with EBRD’s priorities in the region.”

Tamas Nagy, Director and Co-Head of Private Equity at EBRD, added:

“We are proud to become shareholders of Premier Energy. We have successfully worked with Premier Energy to strengthen its ESG and climate practices and set ambitious targets.”

Future prospects

Jose Garza, CEO of Premier Energy, expressed:

“We are delighted to welcome EBRD as a shareholder. This investment strengthens our collaboration and underlines our shared commitment to renewable energy and sustainability in Moldova and Romania.”

In addition, Petr Stohr, CFO of Premier Energy, emphasized the importance of EBRD’s involvement in the success of the IPO and expressed his gratitude for the trust placed in him. This alliance will enable Premier Energy to accelerate its renewable energy generation projects while providing sustainable energy to around 2.4 million customers in both countries.

Register free of charge for uninterrupted access.

Publicite

Latest news

Cenergy selects Next Wave Energy Monitoring for 60 MW of community solar projects
Consumers Energy and Hecate Energy Break Ground on 360 MW Sunfish Solar 2 Renewable Energy Project
Enfinity Global Expands Its Battery Energy Storage Portfolio in the U.S. with 425 MW in Texas
TGS Wins Offshore Wind Site Characterization Contract in the UK
Shell Increases Interest in Quest CCS Facility and Fully Exits Oil Sands

Recently published in

The Greenfin label revised to better align with the European Green Taxonomy

The Greenfin label, launched in 2013, is being updated to better match European requirements, particularly in sustainable finance and climate objectives. The revisions published on January 29, 2025, strengthen its alignment with the green taxonomy and European standards.
Lee Zeldin’s Appointment to the EPA: A Decision Approved by the US Senate
The US Senate has approved the nomination of Lee Zeldin to lead the EPA. The choice made by Donald Trump has been praised by fossil fuel industry players but criticized by environmental NGOs.
en_1140290956540-4
Lee Zeldin’s Appointment to the EPA: A Decision Approved by the US Senate
The US Senate has approved the nomination of Lee Zeldin to lead the EPA. The choice made by Donald Trump has been praised by fossil fuel industry players but criticized by environmental NGOs.
en_1140290956540-4
France: The CEO of Ademe defends its effectiveness in the face of criticism over its cost
Sylvain Waserman, CEO of Ademe, reaffirmed the importance of the ecological transition agency during his testimony before the Committee on Sustainable Development, highlighting its key role in reducing France’s energy dependence.
en_1140290947540-3
France: The CEO of Ademe defends its effectiveness in the face of criticism over its cost
Sylvain Waserman, CEO of Ademe, reaffirmed the importance of the ecological transition agency during his testimony before the Committee on Sustainable Development, highlighting its key role in reducing France’s energy dependence.
en_1140290947540-3
The Norwegian Sovereign Fund: Record Gains Thanks to Tech Giants
The Norwegian Sovereign Fund posted a historic return of 214 billion euros in 2024, driven by investments in major tech companies. However, the dominance of these giants is now being questioned.
en_1140290958540-3
The Norwegian Sovereign Fund: Record Gains Thanks to Tech Giants
The Norwegian Sovereign Fund posted a historic return of 214 billion euros in 2024, driven by investments in major tech companies. However, the dominance of these giants is now being questioned.
en_1140290958540-3

The EU Shifts its Energy Strategy Under Global Market Pressures

In response to geopolitical and economic challenges, the European Union is realigning its energy policy to enhance its competitiveness. Regulatory simplifications and efforts to secure energy supplies are at the heart of the new strategy, while maintaining environmental commitments.
France: The Constitutional Council Rejects Adjustments to EDF Contracts
The Constitutional Council censored a retroactive measure aimed at modifying contracts between EDF and renewable energy producers, citing a disproportionate infringement on contractual rights.
en_1140290959540-1
France: The Constitutional Council Rejects Adjustments to EDF Contracts
The Constitutional Council censored a retroactive measure aimed at modifying contracts between EDF and renewable energy producers, citing a disproportionate infringement on contractual rights.
en_1140290959540-1
The Zambia-Tanzania Interconnector Project: A Lever for Energy Integration in Africa
The Zambia-Tanzania Interconnector (ZTIP) project, backed by international financing, aims to strengthen electrical exchanges between Zambia and Tanzania, with major implications for energy integration in sub-Saharan Africa.
en_11401399540
The Zambia-Tanzania Interconnector Project: A Lever for Energy Integration in Africa
The Zambia-Tanzania Interconnector (ZTIP) project, backed by international financing, aims to strengthen electrical exchanges between Zambia and Tanzania, with major implications for energy integration in sub-Saharan Africa.
en_11401399540
France: Illegal Clauses Found in Contracts of 17 Energy Suppliers, According to DGCCRF
An investigation conducted in 2023 by the DGCCRF revealed that nearly two-thirds of electricity and gas suppliers inspected included abusive or illegal clauses in their contracts, potentially affecting consumer rights.
en_11401377540
France: Illegal Clauses Found in Contracts of 17 Energy Suppliers, According to DGCCRF
An investigation conducted in 2023 by the DGCCRF revealed that nearly two-thirds of electricity and gas suppliers inspected included abusive or illegal clauses in their contracts, potentially affecting consumer rights.
en_11401377540

PG&E secures a $15 billion loan to modernize California’s energy grid

The U.S. Department of Energy grants Pacific Gas and Electric a loan to modernize infrastructure, integrate more renewables, and improve grid reliability.
The Energy Markets Facing the Impact of U.S. Climate Policy
As the United States considers another withdrawal from the Paris Agreement, major economic powers organize to maintain leadership in a rapidly transforming energy sector.
en_11401354540
The Energy Markets Facing the Impact of U.S. Climate Policy
As the United States considers another withdrawal from the Paris Agreement, major economic powers organize to maintain leadership in a rapidly transforming energy sector.
en_11401354540
Bulgaria Redefines Its Energy Strategy: Focus on Security and Diversification
Zhecho Stankov, Bulgaria's new Minister of Energy, emphasizes energy security and supply diversification while aligning with European goals for sustainable transition.
en_11401331540
Bulgaria Redefines Its Energy Strategy: Focus on Security and Diversification
Zhecho Stankov, Bulgaria's new Minister of Energy, emphasizes energy security and supply diversification while aligning with European goals for sustainable transition.
en_11401331540
Indonesia: A Forest Conversion Project Raises Concerns Among NGOs
The Indonesian government’s plan to convert 20 million hectares of forests for food and energy sparks criticism from NGOs, which warn of irreversible environmental consequences.
en_11401338540
Indonesia: A Forest Conversion Project Raises Concerns Among NGOs
The Indonesian government’s plan to convert 20 million hectares of forests for food and energy sparks criticism from NGOs, which warn of irreversible environmental consequences.
en_11401338540

France reaches 95% low-carbon electricity in 2024: A historic milestone

In 2024, French electricity production hit an unprecedented milestone: 95% low-carbon energy, powered by nuclear and renewables. A record marking a strategic turning point in national energy policy.
Explosion of a Tanker Truck in Nigeria: 98 Dead and an Alarming Toll
In Nigeria, a tragic tanker truck explosion claimed 98 lives and injured 69 others. This incident highlights security challenges and the socio-economic consequences of ongoing reforms.
en_11401344540
Explosion of a Tanker Truck in Nigeria: 98 Dead and an Alarming Toll
In Nigeria, a tragic tanker truck explosion claimed 98 lives and injured 69 others. This incident highlights security challenges and the socio-economic consequences of ongoing reforms.
en_11401344540
Trump reignites oil drilling and exits the Paris Agreement: a climate earthquake
Donald Trump announces the United States' withdrawal from the Paris Agreement and declares a national "energy emergency," jeopardizing global efforts to combat climate change.
en_11401342540
Trump reignites oil drilling and exits the Paris Agreement: a climate earthquake
Donald Trump announces the United States' withdrawal from the Paris Agreement and declares a national "energy emergency," jeopardizing global efforts to combat climate change.
en_11401342540
Bosnia Adopts a Law to Reduce Its Gas Dependence
A Bosnian entity adopts a text to build a gas pipeline toward Croatia. This measure aims to diversify supply and reduce reliance on Russian gas, under the notable impetus of American diplomacy.
en_11401308540
Bosnia Adopts a Law to Reduce Its Gas Dependence
A Bosnian entity adopts a text to build a gas pipeline toward Croatia. This measure aims to diversify supply and reduce reliance on Russian gas, under the notable impetus of American diplomacy.
en_11401308540

France: Electricity rates, 15% decrease for millions of subscribers

Regulated electricity rates drop by 15%. Millions of households and small businesses are affected. The Commission de Régulation de l’Énergie confirms this development despite the end of the price shield and the Turpe increase.
Chris Wright: Trump’s Pick for Energy Balances Renewables and Fossil Fuels
During his Senate hearing, Chris Wright, Donald Trump’s Energy nominee, surprised many by acknowledging climate change while advocating for an energy growth strategy blending renewables and fossil fuels.
en_11401284540
Chris Wright: Trump’s Pick for Energy Balances Renewables and Fossil Fuels
During his Senate hearing, Chris Wright, Donald Trump’s Energy nominee, surprised many by acknowledging climate change while advocating for an energy growth strategy blending renewables and fossil fuels.
en_11401284540
France: Ademe manage 3.5 billion euros for ecological transition
Criticized by political figures, Ademe defends its management of 3.5 billion euros allocated to the ecological transition in collaboration with the state and local authorities.
en_11401295540
France: Ademe manage 3.5 billion euros for ecological transition
Criticized by political figures, Ademe defends its management of 3.5 billion euros allocated to the ecological transition in collaboration with the state and local authorities.
en_11401295540
Norway Awards 53 Licenses to Boost Its Continental Shelf Energy Sector
The APA 2024 cycle marks a turning point for Norwegian energy, with 53 licenses distributed among 20 companies. These opportunities aim to maintain competitiveness and innovation in a key European sector.
en_11401277540
Norway Awards 53 Licenses to Boost Its Continental Shelf Energy Sector
The APA 2024 cycle marks a turning point for Norwegian energy, with 53 licenses distributed among 20 companies. These opportunities aim to maintain competitiveness and innovation in a key European sector.
en_11401277540

France mandates 50% canopies; Carrefour and 10 federations respond

In France, Carrefour and ten federations challenge a decree mandating the coverage of 50% of outdoor parking lots with photovoltaic canopies, citing unrealistic deadlines and significant economic impacts.
The 3-Billion-Euro France-Spain Electric Line Blocked by Activists
In the Landes region, activists are trying to halt the construction of a high-voltage power line connecting France and Spain, a project valued at 3 billion euros.
en_11401241540
The 3-Billion-Euro France-Spain Electric Line Blocked by Activists
In the Landes region, activists are trying to halt the construction of a high-voltage power line connecting France and Spain, a project valued at 3 billion euros.
en_11401241540
The Netherlands plans 70 GW of offshore wind energy with the IEA
The International Energy Agency highlights the Netherlands' ambitions to increase offshore wind capacity while addressing challenges to secure their energy transition.
en_11401225540
The Netherlands plans 70 GW of offshore wind energy with the IEA
The International Energy Agency highlights the Netherlands' ambitions to increase offshore wind capacity while addressing challenges to secure their energy transition.
en_11401225540
The United States Strengthens Offshore Penalties with Fines Reaching $59,114
The Bureau of Ocean Energy Management increases environmental penalties for offshore operations, aiming to ensure compliance from industry players.
en_11401208540
The United States Strengthens Offshore Penalties with Fines Reaching $59,114
The Bureau of Ocean Energy Management increases environmental penalties for offshore operations, aiming to ensure compliance from industry players.
en_11401208540

Advertising

LEGAL

FOSSILS

POLICY

RENEWABLE

PLUS

VERVANT

Welcome

Your subscription

Included in this subscription:

COMMUNICATE ON ENERGYNEWS