Ecoenergy gets 87 MWp solar project in Romania

Nov 25, 2021 05:15 PM ET
  • International independent manufacturer of utility-scale renewable resource projects Ecoenergy has actually acquired an 87 MWp solar power development project in Parau, main Romania, bargain expert Vlasceanu, Nyerges as well as Partners claimed.
Ecoenergy gets 87 MWp solar project in Romania
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Construction activities for the project will certainly start in the initial half of 2022, the law practice stated in a news release on Wednesday.

The value of the deal was not revealed.

In addition to the offer for the 153 MW Ratesti project, which was closed less than three weeks ago, the closing of the Parau project supports Econergy's target of 1.5 GW for Romania.

"It's been a complicated settlement with a reputable designer. The major lawful obstacle came from the historical advancement of the project (come from under the first RES projects wave)," Daniel Vlasceanu, handling partner of Vlasceanu, Nyerges & Partners, kept in mind.

Earlier this month, Czech realty developer Portland Trust finished the sale of a solar park project under growth in Ratesti, Arges county to Econergy and also Nofar Energy. The solar plant has an authorized production capability of over 153 MW.

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