Romania: SPP Stanesti acquired by Electrica

, SEE Energy News

Stanesti solar power plant is located in Giurgiu county, has installed capacity of 7.5 MW, but its operational capacity is estimated to 6.8 MW. The facility was commissioned in February 2013.

Romanian electricity supplier and distributor Electrica agreed the takeover of solar power plant Stanesti with its operator Long Bridge Millennium.

The statement from the company said that the completion of the transaction and the transfer of ownership to Electrica Furnizare, part of the Electrica Group, is pending on conditions agreed by the parties. The purchase price will be determined when the transaction will be completed, based on pre-negotiated terms.