Transeastern Power to pay EUR 23 mln to OMV Petrom for Dorobantu wind farm

Austrian oil major OMV Petrom has inked a deal to sell its Dorobantu wind farm to Transeastern Power B.V. – a limited liability company registered in the Netherlands, a wholly owned subsidiary of Transeastern Power Trust, for EUR 23 million, business-review.eu reports. The transaction will be concluded by the end of the year, pending regulatory approval from the Competition Council. Transeastern Power Trust was founded in 2014 and is listed on ...

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