![](https://www.pymnts.com/wp-content/uploads/2019/09/romaniaflagpicture1-e1632301354737.png)
Romania’s competition authority announced its approval on Friday for the acquisition of three wind plants and four wind park projects in Vaslui County by Alive Wind Power One, a special-purpose vehicle established by local power distributor Premier Energy.
The Competition Council’s statement indicated that the transaction posed no significant concerns regarding competition within the Romanian market. This decision comes as Premier Energy continues to expand its renewable energy portfolio.
In April, local news outlet Profit.ro reported that Premier Energy had acquired the wind assets, boasting a cumulative installed capacity of 18 MW, from the local company Self Concept. This acquisition aligns with Premier Energy’s strategy to increase its renewable energy footprint and support Romania’s green energy goals.
Last month, Premier Energy made headlines by listing on the Bucharest Stock Exchange. The initial public offering (IPO) attracted significant interest, including from the European Bank for Reconstruction and Development (EBRD), which acquired a 3.2% stake in the company.
Source: See News
Featured News
Mexico Moves Forward with Reform to Eliminate Key Regulators, Including Competition Watchdog
Aug 23, 2024 by
CPI
DOJ Sues RealPage for Alleged Rent-Fixing Scheme Using AI Software
Aug 23, 2024 by
CPI
Advance Auto Parts to Offload Worldpac for $1.5 Billion
Aug 22, 2024 by
CPI
Bronfman Ups Ante to $6 Billion in Paramount Battle, Skydance Deal at Risk
Aug 22, 2024 by
CPI
Google and California Strike Historic Deal to Fund Newsrooms Amid Controversy
Aug 22, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – State Attorneys General
Aug 22, 2024 by
CPI
CPI Talks… …With Attorney General Phil Weiser
Aug 22, 2024 by
CPI
The Bipartisan Miracle of State Antitrust Enforcement
Aug 22, 2024 by
Gwendolyn J. Lindsay Cooley
Recent Developments in State Antitrust Enforcement: Agriculture and Food Markets
Aug 22, 2024 by
Elizabeth R. Odette
State Attorneys General: Stewards of Consumer Health and Welfare
Aug 22, 2024 by
Brooke Howlett Lovrovich