edp

The European Commission has proposed to the Council to open an excessive deficit procedure for Romania and adopted a recommendation to the Council setting out the adjustment requirements, the Commission said in a statement Wednesday.

Energias de Portugal Group (EDP), the world's fourth-largest wind project developer, paid EUR8.4 million to Cyprus-based Renovatio Group Limited for 85% of shares in Romanian companies Renovatio Power and Cernavoda Power, which unfold wind power projects totaling 736 megawatts (MW).

Grupul Energias de Portugal (EDP) a achiziţionat cu 8,4 milioane de euro, de la o companie înregistrată în Cipru, 85% din capitalul firmelor româneşti Renovatio Power şi Cernavodă Power, care au în diferite stadii de dezvoltare proiecte de energie eoliană totalizând, la finalizare, 736 MW.