OMV Petrom Acquires 710 MW Solar Projects in Romania

The completion of the transaction is estimated for the second quarter of the next year when the projects will reach the "ready-to-build" phase

July 3, 2023

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OMV Petrom, an oil and gas company, has signed an agreement to acquire 710 MW of solar projects in Romania from Danish developer Jantzen Renewables. The parks will be one of Southeast Europe’s most significant photovoltaic projects, powering the equivalent consumption of ~280,000 Romanian households annually.

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