Romanian energy giant Romgaz (BVB: SNG) embarks on a quest to purchase mature photovoltaic and wind power projects, as revealed in a recent announcement on the company’s website. Romgaz aims to procure projects with a production capacity ranging from 35 MW to 100 MW.
Focus on Ready-to-Build Projects
According to sources cited by Bursa.ro, Romgaz’s interest lies in acquiring photovoltaic and wind parks in advanced stages of development, categorized as “ready to build.” Prospective projects must have completed feasibility studies in compliance with relevant regulations governing investment objectives financed from public funds.
Mandatory Documentation Requirements
The call for projects emphasizes the necessity for submitted proposals to provide evidence of land ownership rights for the entire operational lifespan of the parks. Additionally, possession of a valid Authorization to Connect to the Grid (ATR) is deemed obligatory for consideration.
As Romania advances towards enhancing its renewable energy portfolio, Romgaz’s strategic move underscores the nation’s commitment to diversifying its energy mix and promoting sustainability initiatives.
Source：romania-insider.com
