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Andrei Chirileasa
Editor-in-Chief

Andrei studied finance at the Bucharest Academy of Economic Studies and started his journalism career in 2004 with Ziarul Financiar, the leading financial newspaper in Romania, where he worked for ten years, the last six of which as editor of the capital markets section. He joined the Romania-Insider.com team in 2014 as editor and became Editor-in-Chief in 2016. He currently oversees the daily content published on Romania-Insider.com and likes to stay up to date with everything relevant in business, politics, and life in Romania. Andrei lives with his family in the countryside in Northern Romania, where he built their own house. In his free time, he studies horticulture and tends to his family’s garden. He enjoys foraging in the woods and long walks on the hills and valleys around his village. Email him for story ideas and interviews at andrei@romania-insider.com. 

 

Foreign groups Econergy and Nofar join forces to develop biggest Romanian PV park

International independent power producer (IPP) of utility-scale renewable energy projects Econergy and Nofar Energy, an international renewables company based in Israel with renewables projects in Israel, Spain, Italy, the United States, completed the acquisition of a ready-to-build 155MW photovoltaic (PV) Romania from Portland Trust. The 155MW project is planned to be the largest of this kind in Romania.

The project is assumed to reach an operational start in early 2023.

The total investment in the Ratesti solar project will reach EUR 100 mln, Energyindustryreview.com reported.

Econergy and Nofar Energy acquired a 50% stake each in the project. Econergy will also provide management services, including EPC and O&M negotiations, construction management and PPA and project finance management. Once operational, Econergy shall also provide a long-term Asset Management service.

Schoenherr Romania advised Nofar Energy on the acquisition of a photovoltaic park together with Econergy from Portland Trust.

andrei@romania-insider.com

(Photo source: Pixabay.com)

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Profile picture for user andreich
Andrei Chirileasa
Editor-in-Chief

Andrei studied finance at the Bucharest Academy of Economic Studies and started his journalism career in 2004 with Ziarul Financiar, the leading financial newspaper in Romania, where he worked for ten years, the last six of which as editor of the capital markets section. He joined the Romania-Insider.com team in 2014 as editor and became Editor-in-Chief in 2016. He currently oversees the daily content published on Romania-Insider.com and likes to stay up to date with everything relevant in business, politics, and life in Romania. Andrei lives with his family in the countryside in Northern Romania, where he built their own house. In his free time, he studies horticulture and tends to his family’s garden. He enjoys foraging in the woods and long walks on the hills and valleys around his village. Email him for story ideas and interviews at andrei@romania-insider.com. 

 

Foreign groups Econergy and Nofar join forces to develop biggest Romanian PV park

International independent power producer (IPP) of utility-scale renewable energy projects Econergy and Nofar Energy, an international renewables company based in Israel with renewables projects in Israel, Spain, Italy, the United States, completed the acquisition of a ready-to-build 155MW photovoltaic (PV) Romania from Portland Trust. The 155MW project is planned to be the largest of this kind in Romania.

The project is assumed to reach an operational start in early 2023.

The total investment in the Ratesti solar project will reach EUR 100 mln, Energyindustryreview.com reported.

Econergy and Nofar Energy acquired a 50% stake each in the project. Econergy will also provide management services, including EPC and O&M negotiations, construction management and PPA and project finance management. Once operational, Econergy shall also provide a long-term Asset Management service.

Schoenherr Romania advised Nofar Energy on the acquisition of a photovoltaic park together with Econergy from Portland Trust.

andrei@romania-insider.com

(Photo source: Pixabay.com)

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