Premier Energy, Motor Oil launch joint venture for hybrid power plants in Romania
- Admin
- Jun 24, 2024
- 1 min read
Premier Energy joined forces with Greece-based Motor Oil to establish a firm acquiring 86 MW solar power projects with energy storage. Motor Oil's subsidiary MORE bought a stake in Romania. Motor Oil aims to expand in Southeastern Europe, focusing on power purchase agreements. Premier Energy recently had an IPO on the Bucharest Stock Exchange.
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