Denial: EnergyNews corrects an error concerning PPC’s acquisition of the Brazi power plant EnergyNews would like to rectify information incorrectly reported in a previous article, claiming that Public Power Corporation S.A. (PPC) had acquired the Brazi power plant in Romania.
This information is incorrect.
At no time did PPC finalize or even initiate an acquisition of the Brazi power plant.
The error stems from a mix-up in our sources, and we apologize for any misunderstanding this may have caused.
The real transaction underway for PPC in Romania concerns the acquisition of a 629 MW portfolio of renewable energy assets owned by Evryo Group.
This portfolio includes wind, hydroelectric and solar projects, reinforcing PPC’s strategy in the green energy sector in South-East Europe.
We deeply regret this error and thank our readers for their understanding.
We remain committed to providing accurate and reliable information to our professional audience. For more information on the subject please read this article, thanks to the PPC S.A. media relations team.
PPC acquires 629 MW of renewable assets in Romania from Evryo Group
Public Power Corporation S.A. (PPC) strengthens its presence in Europe with the purchase of the Brazi power plant in Romania, a major step forward in its expansion strategy.
Share:
Comprehensive energy news coverage, updated nonstop
Annual subscription
8.25€/month*
*billed annually at 99€/year for the first year then 149,00€/year
Unlimited access • Archives included • Professional invoice
OTHER ACCESS OPTIONS
Monthly subscription
Unlimited access • Archives included
5.2€/month*
then 14.90€ per month thereafter
FREE ACCOUNT
3 articles offered per month
FREE
*Prices are excluding VAT, which may vary depending on your location or professional status
Since 2021: 35,000 articles • 150+ analyses per week
- Popular on energynews.pro
Zenith Energy centres its strategy on a $572.65mn ICSID claim against Tunisia, an Italian solar portfolio and uranium permits, amid financial strain and reliance on capital markets.
Ivanhoe Mines expects a 67% increase in electricity consumption at its copper mine in DRC, supported by new hydroelectric, solar and imported supply sources.
Q ENERGY France and the Association of Rural Mayors of France have entered a strategic partnership to develop local electrification and support France's energy sovereignty through rural territories.
ACWA Power, Badeel and SAPCO have secured $8.2bn in financing to develop seven solar and wind power plants with a combined capacity of 15 GW in Saudi Arabia, under the national programme overseen by the Ministry of Energy.
Hydro-Québec reports a 29% increase in net income over nine months in 2025, supported by a profitable export strategy and financial gains from an asset sale.
Antin Infrastructure Partners is preparing to sell Idex in early 2026, with four North American funds competing for a strategic asset in the European district heating market.
EDF could sell up to 100% of its US renewables unit, valued at nearly €4bn ($4.35bn), to focus on French nuclear projects amid rising debt and growing political uncertainty in the United States.
Norsk Hydro plans to shut down five extrusion plants in Europe in 2026, impacting 730 employees, as part of a restructuring aimed at improving profitability in a pressured market.
The City of Paris has awarded Dalkia the concession for its urban heating network, a €15bn contract, ousting long-time operator Engie after a five-year process.
NU E Power Corp. completed the purchase of 500 MW in energy assets from ACT Mid Market Ltd. and appointed Broderick Gunning as Chief Executive Officer, marking a new strategic phase for the company.
Commodities trader BB Energy has cut over a dozen jobs in Houston and will shift some administrative roles to Europe as part of a strategic reorganisation.
Ferrari has entered into an agreement with Shell for the supply of 650 GWh of renewable electricity until 2034, covering nearly half of the energy needs of its Maranello site.
By divesting assets in Mexico, France and Eastern Europe, Iberdrola reduces exposure to non-strategic markets to strengthen its positions in regulated networks in the United Kingdom, the United States and Brazil, following a targeted capital reallocation strategy.
Iberdrola offers to buy the remaining 16.2% of Neoenergia for 32.5 BRL per share, valuing the transaction at approximately €1.03bn to simplify its Brazilian subsidiary’s structure.
Paratus Energy Services collected $38mn via its subsidiary Fontis Energy for overdue invoices in Mexico, supported by a public fund aimed at stabilising supplier payments.
CrossBoundary Energy secures a $200mn multi-project debt facility, backed by Standard Bank and a $495mn MIGA guarantee, to supply solar and storage solutions for industrial and mining clients across up to 20 African countries.
Mercuria finalises an Asian syndicated loan refinancing with a 35% increase from 2024, consolidating its strategic position in the region.
Sixty Fortune 100 companies are attending COP30, illustrating a growing disconnect between federal US policy and corporate strategies facing international climate regulations.
Tanmiah Food Company signed three memorandums of understanding to reduce its emissions and launched the region’s first poultry facility cooled by geothermal energy, in alignment with Saudi Arabia’s industrial ambitions.
Subsea7 posted higher operating profit and a record order backlog, supported by long-term contracts in the Subsea and Renewables segments.
