Czechia's ČEZ will sell an portfolio of power assets in Romania

26 Oct 2020

Macquarie Infrastructure and Real Assets (MIRA), through a consortium led by Macquarie European Infrastructure Fund 6, has signed an agreement to acquire the 622 MW Fantanele Cogealac onshore wind complex in Romania, owned by the Czech state-owned power utility ČEZ Group. In addition, the consortium bought an integrated energy infrastructure portfolio, which includes an 86,665 kilometre regulated electricity distribution network (Distribuție Oltenia) and an electricity and gas supply business with 1.4 million residential and industrial connections in the South West of Romania. The terms of the transaction, which is subject to receiving approval from European antitrust authorities and the Romanian Supreme Council of National Defence, have not been disclosed. ČEZ Group will remain active in Romania, through CEZ Trade Romania (trading) and High-Tech Clima (energy services business).

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