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General

RCS&RDS sells shares in Energyall Distribution

Friday 28 June 2013 | 07:55 CET | News
Romanian operator RCS&RDS decided to sell its shares in a solar park from Braila county owned by local firm Energyall Distribution, writes local paper Ziarul Financiar citing a document from Romania's official gazette. RCS&RDS bought a 90 percent stake in this company at the end of 2012. RCS&RDS sold back its participation in Energyall Distribution to its founder Gheorghita Dan Mihai. Energyall Distribution, which has a 5 MW solar project in Insuratei locality from Braila county, entered into a network connection agreement with electric distribution company Transelectrica in early October

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Categories: General
Companies: RCS&RDS
Countries: Romania
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