Hidroelectrica diversifies its portfolio
The Romanian hydropower producer Hidroelectrica aims to diversify its portfolio by acquiring other renewable energy production capacities and planning to bid for the 108 MW Crucea Nord Wind Power Plant, in Constanta. The acquisition has to be approved by the shareholders of Hidroelectrica.
Cross Wind farm is the commercial company that owns the 108 MW Crucea Nord Wind Power Plant, STEAG Energie Romania is the company that provides technical and commercial service for Crucea Wind Farm. These companies are members of the STEAG GmbH Germany group.
80.06 % Hidroelectrica is owned by the Romanian state, while investment fund Fondul Proprietatea owns 19.94%. The company has 209 hydro power plants with a total installed capacity of 6,482 MW. in its portfolio.