Australian investment fund Macquarie has decided to repatriate over 240 million euros from the companies owned in Romania.
It will reduce the capital of its Romanian companies by 160 million euros and distribute as dividends around 82 million euros of retained earnings from 2022 and previous years.
The reason for the reduction of the share capital is the existence of an excess of capital, according to the official documents of the two companies, local media reports.
The investment fund operates in Romania the wind farm at Cogealac and Fântânele, which is the largest onshore facility of this type in Europe with an installed capacity of 600 MW. It took them over in 2020 from the Czech group CEZ through investment vehicles controlled by their asset management division, Macquarie Infrastructure and Real Assets (MIRA).