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Romania’s gas transport company Transgaz to invest EUR 1.9 bln by 2027

Romania’s natural gas transport system operator Transgaz has planned total investments of EUR 1.9 billion for the expansion of its pipe network, according to its development plan for the period 2018-2027, which will be submitted for approval to the shareholders on March 11.

read more... 25/02/2019

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Europe’s power sector ‘can be decarbonised by 2045’

That’s the prediction made in a new report published by EY, which says this would require substantial investment, smart grid innovation and the improvement of electricity distribution networks.

read more... 30/01/2019

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Engie takes over Gazprom’s Wirom gas distribution network in Romania

The French energy group Engie will take full control over the Wirom Gas distribution firm that is currently controlled by Gazprom (51.1%) with the rest of 48.8% shares held by Engie.

read more... 21/01/2019

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SSE completes £970m Caithness-Moray transmission project in Scotland

The company said that its subsidiary Scottish and Southern Electricity Networks Transmission (SSEN Transmission) completed the construction, commissioning and energization of the Caithness-Moray project on time and within the allowance approved by Ofgem.

read more... 15/01/2019

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Snam, Enagas and Fluxys close acquisition of DESFA

The European consortium formed by Snam (60%), Enagás (20%) and Fluxys (20%) today completed the acquisition of a 66% stake in DESFA, the operator of Greek natural gas transport network, to the Assets Development Fund of the Republic Hellenic (HRADF) and Hellenic Petroleum, for an amount of €535 million.

read more... 20/12/2018

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