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General

RCS&RDS acquires solar energy company Novitas Electro

Monday 26 August 2013 | 08:58 CET | News
Romanian operator RCS&RDS acquired solar energy company Novitas Electro which is developing a 4 MW project valued at EUR 6.2 million in Bihor county, writes local paper Ziarul Financiar. With this acquisition, RCS&RDS takes its portfolio of solar energy parks to 7. These have a total capacity of 23.4 MW and required investments of EUR 36 million, according to available information. The acquisition took place in mid-June. Following the transaction, RCS&RDS took control over Novitas Electro, a company owned by local entrepreneurs Carmen Popa and Valentin Micoriciu, according to data from the

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Categories: General
Companies: RCS&RDS
Countries: Romania
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