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Acasă » Electricity » Trading & Distribution » CEZ – significant cut of share capital in Cogealac and Distribuție Oltenia

CEZ – significant cut of share capital in Cogealac and Distribuție Oltenia

18 October 2019
Electricity
energynomics

The Czech energy and utilities group CEZ, which is in the process of selling its assets in Romania, reduces by almost half the share capital of two of the companies operating the Dobrogea wind farms from Cogealac and Fântânele, the largest onshore facility of this type in Europe, respectively with the cumulative amount of over 1.8 billion lei, from almost 4 billion lei, to 2.19 billion lei. And the share capital of Distribuție Oltenia, the concession operator of the CEZ profile in Romania, is reduced with over 82 million lei, writes profit.ro.

The National Energy Regulatory Authority (ANRE) has elaborated a draft order by which it wants to require all the players in the energy and gas industry to report in advance such operations. Moreover, in some cases, the mandatory approval of the Authority will be required in order to carry out the operations.

Tags:ANREcapital socialCEZDistribuţie Oltenia

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