The energy group Premier Energy has bought new projects in Romania with a capacity of approximately 41 megawatts, for which it paid €13 million. After completing all acquisitions and planned developments there, it will own or manage 700 megawatts of renewable energy, Pavel Zuna, a spokesman for Emma Capital, Premier Energy's parent company, told E15.
The wind farms were sold by the Enex Group, which, in addition to renewable energy sources, also deals with the trade and sale of energy to end consumers. The deal includes two wind farms called Nalbant, both located in the Danube Delta near the Black Sea. The first park, which consists of five wind farms (each with a capacity of 2.75 megawatts), is already producing electricity. In 2021, the turbines here produced over 33-gigawatt hours of electricity. A second park, twice the size, is still in the permitting phase. It is due to be connected to the grid next year, the company plans.
The group plans to start construction of a wind park in the northeastern part of Romania, specifically in Războieni county, later this year. "A total of sixteen turbines with a capacity of 99 megawatts is expected to cost more than €100 million. Thus, we now own or operate the largest portfolio of completed or planned renewable sources in Romania. Nobody has more," says Zuna.
Premier Energy is building its position as a leader in the Romanian green energy market mainly through acquisitions. Early last year, it bought a majority stake in Alive Capital, which manages hundreds of megawatts of renewable energy, as well as a 100% stake in wind power developer Ecoenergie. Since then, it has completed four more acquisitions. Last November, for example, the company acquired 60 percent of a 22-megawatt biogas plant.
In addition to Romania, Premier Energy is also active in the Moldovan market. In 2021, its consolidated profit was €27 million on sales of €404 million.
Emma Capital Group, the parent company of Premier Energy, is a private investment holding company founded in 2012 by Jiri Smejc. In recent years, it has focused mainly on markets in EU countries but is also present in other markets in Europe and Asia.
