OMV Petrom Acquires 50% of Shares in One of Bulgaria’s Largest Photovoltaic Projects
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The Romanian "OMV Petrom4", which has a chain of gas stations in our country and supplies natural gas wholesale, and also participates in the exploration for oil and gas in the Black Sea, is strengthening its presence in the region by entering one of the largest photovoltaic projects in Bulgaria. This was announced by the company on Monday. It acquires a 50% stake in the solar project "Gabare", which has a capacity of about 400 MW, is located in…
OMV Petrom acquires 50% of shares in one of Bulgaria’s largest photovoltaic projects
OMV Petrom and Enery become partners in a large-scale photovoltaic project located in Byala Slatina, near Sofia, Bulgaria. Thus, OMV Petrom acquires from Enery Element 50% of the shares held in Dunav Solar Plant EOOD, which is developing the Gabare photovoltaic project with an installed capacity of approximately 400 MW. In addition, there is an option for a battery energy storage system. Once operational, the production of the PV park could cove…
OMV Petrom, the only local oil and gas producer, as well as the largest integrated energy producer in South-East Europe, buys...
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