Acasă » Electricity » NQE Holdings invests 7 mln. euro in PV parks, moves from Rasdaq to BSE

NQE Holdings invests 7 mln. euro in PV parks, moves from Rasdaq to BSE

20 March 2014
Electricity
Bogdan Tudorache

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Natura Quattour Energia Holdings (NQE), formerly qnowns as Scapis, decided to move its listing from Rasdaq to Bucharest Stock Exnhage`s(BSE) third tire, becoming the first green energy company at the BSE, says Gerogios Tsamis, president of NQE. The intermediary was IEBA Trust.

“We have been involved in numerous real estate projects in the past, we have some land and assets for sale, and for several years we were engaged in photovoltaic projects,” Tsamis told energynomics.ro.

“We have three ongoing projects in various stages of development in photovoltaic parks and the total investment will be of about 7 million euro,” says Argyrios Volis (photo), CEO of NQE.

“Switching to the third tire of BSE help us through openness and transparency offered to investors. We are currently discussing a capital increase, and will probably pursue a second increase until the end of the year, but now we cannot provide more details,” said Volis.

The first photovoltaic park of 1.09 MW has become operational after an investment of 1.7 million euro at Bolintin Deal. Other 6 MW projects will follow in Codlea, near Brasov.

In addition, NQE will build a small hydropower plant in Buzau, of 1.58 MW, which will drive up all current projects to about 10 MW.

NQE still has real estate investments and offers consulting services. The company was initially listed on the over-the-counter market in 1996.

Autor: Bogdan Tudorache

Active in the economic and business press for the past 26 years, Bogdan graduated Law and then attended intensive courses in Economics and Business English. He went up to the position of editor-in-chief since 2006 and has provided management and editorial policy for numerous economic publications dedicated especially to the community of foreign investors in Romania. From 2003 to 2013 he was active mainly in the financial-banking sector. He started freelancing for Energynomics in 2013, notable for his advanced knowledge of markets, business communities and a mature editorial style, both in Romanian and English.

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