Romania Mergers & Acquisitions overview: Hidroelectrica looking to buy wind park | Wirecard sells RO division | US fund to buy another bank in RO
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Below you will find the full content of this October 2020 newsletter. The Mergers & Acquisitions monthly newsletter is sent to our Supporter and Ultra members of Romania Insider - check options to receive this newsletter here.
DEALS & FINANCING
The Romanian state-owned power producer was also in the race for CEZ's local wind farms.
This is one of the biggest transactions in the local agriculture sector this year.
The value of this deal is estimated at around EUR 50 mln.
The group will partner local gas producer Romgaz for this project.
The EUR 12 mln loan will cover 70% of the investment in the new warehouses.
The company will use the money to start building the network's first two locations, which could be ready in the first half of 2022.