Swedish Monsson Group, the largest developer of wind farms in Romania, has sold its share in the Romanian electricity works company Emon Electric to Kenyan company EnComm. The value of the transaction was not disclosed. Monsson Development Manager Sebastian Enache said that Emon Electric was an interesting project, but the Romanian market became stagnant lately. […]
Serbian state-owned power utility EPS has hired Energoprojekt Entel and the Economics Institute in order to estimate the value if company’s assets. The agreement on the estimate of EPS’ assets is signed in July and the deadline for the completion of the job is eight months. The agreement is worth 275,000 euros. The estimate of […]
Norwegian state-owned energy company Statkraft announced that it has launched a process for sale of its partially built hydropower plant Cetin in Turkey, and expect that the sale will be completed by the end of the year. The company has suspended the project in February due to security concerns. Statkraft’s CEO Christian Rynning-Toennesen said on […]