CEC and Exim finance the Titan CHP project with 289 mln. lei
The Energy Share Management Company – SAPE S.A. and Titan Power S.A. signed the financing contract of approximately 289 million…
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SAPE
SAPE receives about 55% financing through PNRR for the 54.6 mln. lei hydrogen storage project
The Company for Romanian state’s Administration of Participations in Energy (SAPE) obtained funding from the National Recovery and Resilience Plan…
SAPE has a new Supervisory Board, appointed for 4 years
The Energy Shares Administration Company (SAPE), subordinate to the Ministry of Energy, has a new Supervisory Board, elected for 4…
Burduja: 12 companies interested in the feasibility study for Tarnița-Lăpuşteşti
The Minister of Energy, Sebastian Burduja, announced that 12 companies from the country and abroad responded to the call of…
The Ministry of Energy relaunches the Tarnița-Lăpuștești plant project with 10 days of market consultation
The Society for the Administration of Energy Participations (SAPE) has launched (in RO) a market consultation process to estimate the…
Kazakh-Romanian Fund gets 83 mln. euro loan for the new Petromidia plant
The Kazakh-Romanian Energy Investment Fund (KREIF) has successfully closed a EUR 83m syndicated loan for financing the construction of a…
Few hydrogen projects in Romania on the list of the European Alliance for Clean Hydrogen
Chimcomplex, SAPE and ELSA Industry are the only companies in Romania that have included hydrogen projects among those listed by…
Virgil Popescu: There are no problems with fuel stocks
Minister of Energy, Virgil Popescu, announced on Thursday that there are no problems with the fuel stocks, after the working…
SAPE takes over a photovoltaic park from the former Italian owner of Ductil Steel
The Energy Participation Management Company (SAPE), fully controlled by the state through the relevant ministry, has confirmed its intention to…
Calik Enerji of Turkey, general contractor for the construction of the Petromidia new cogeneration plant
Today, the Kazakh-Romanian Energy Investment Fund (FIEKR) signed with Calik Enerji (Turkey) the EPC (Engineering, Procurement and Construction) contract for…
Electrica-Hidroelectrica-SAPE consortium submitted the offer for the purchase of CEZ assets on Thursday
The Romanian consortium formed by Electrica, Hidroelectrica and the Energy Participation Management Company (SAPE) submitted a binding offer on Thursday…
Electrica analyzes the possibility of participating, together with SAPE and Hidroelectrica, in the tender for CEZ subsidiaries in Romania
Electrica is analyzing the possibility of participating, in consortium with the Energy Participation Management Company (SAPE SA) and Hidroelectrica, in…
The Titan Power project receives 140 million lei through a capital increase
The shareholders of the state company Titan Power SA, established last year, are currently developing the documentation required by legislation…
Enel: Good financial position allows the granting of dividends of 615 million euro
Bogdan Tudorache Enel officials claim that now they can offer dividends worth more than 615 million euro to shareholders –…
FP receives about 523 mln. lei in as special dividends from Enel
Dobrogea, as a result of the decision taken by the shareholders of the three companies on February 14, 2020, FP…
Government gets dividends from Enel in a total value of over 500 million lei; SAPE gives up litigation
Bogdan Tudorache The Ministry of Economy, Energy and Business Environment, through the Energy Participation Management Company (SAPE), negotiated getting over…
Government submitted through SAPE several offers for CEZ assets
Romanian Government submitted through SAPE – the Company for the Management of Energy Assets earlier this week several offers to…
SAPE SA has ambitious projects – Constantin Văduva
SAPE has been involved in numerous energy projects since 2018, Constantin Văduva, Chairman of the Executive Board, Energy Participation Management…
KMG injects 25 million USD into the Kazakh-Romanian fund
KMG will increase the share capital of the Kazakh-Romanian Energy Investment Fund set up in November last year as part…
Electrica won the process with SAPE in the first instance
Electrica won the litigation against the Energy Utilities Management Company (SAPE) in the first instance, a litigation claiming from Electrica,…
New Supervisory Board at SAPE
The Ordinary General Shareholders Meeting of the of the Energy Participation Management Company (SAPE) elected five supervisors with four-year mandates…
SAPE will increase the share capital of Hidro Tarniţa
The state asset management company (SAPE) wants to increase the share capital of Hidro Tarniţa by cash contribution so that…
Romgaz Energie and Titan Power were set up, companies dedicated to state investments
Romgaz Energie and Titan Power are two companies newly set up by SAPE in partnership with Romgaz and Electrocentrale Grup,…