EU backs renewables and power network upgrades in Romania with €120m loan

It will support the rollout of advanced metering and the integration of renewable energy generation such as solar and wind, supporting the green transition in Romania

Romania’s first green bond backed by EBRD

It has been issued by Raiffeisen Bank Romania, which has raised €81m to finance climate and environmental projects

EU approves €254m Romanian aid to upgrade district heating system

The district heating system in Bucharest is the largest of its kind in the EU and the second largest in the world, serving 1.2m people

EU approves €150m Romanian scheme to support district heating systems

Romania will provide funding for district heating installations and distribution networks based exclusively on renewable energy sources

US to help Romania expand and modernise civil nuclear power programme

Romania will use US expertise and technology for the development of the Cernavoda Nuclear Power Plant

London-based bank buys 25% stake in Transgaz subsidiary

The European Bank for Reconstruction and Development is investing €20m in Vestmoldtransgaz, the gas transmission company operating the newly-built Ungheni-Chisinau gas pipeline

EU injects €1.4bn of funding into green projects across seven member states

Green infrastructure projects in Croatia, Czechia, Hungary, Poland, Portugal, Romania and Spain will benefit from the EU funding

EU approves Romania’s €53m state aid for EV charging points

The Commission considers the project will encourage a significant uptake of low emission vehicles

Electricity pylons
EU grants €40m for Moldova-Romania power link

The interconnector, scheduled to be completed by 2024, is expected to considerably enhance the stability and reliability of Moldova’s electricity supply

EU seeks views on Transgaz offering to increase gas exports from Romania

The Commission has concerns the state-owned gas pipeline operator may have breached EU competition rules by restricting exports of natural gas from the country