Electrica completed the acquisition of Foton Power Energy.

Synopsis

Electrica, a Romanian public company that operates as a utility, completed the acquisition of Foton Power Energy, a Romanian company focused on producing energy from photovoltaic sources. Financial terms were not disclosed.

Principals

target

Foton Power Energy

bidder

Societatea Energetica Electrica S.a. (electrica)

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Market Context

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Seller Team (2)

emanuel muntmark

Co-owner at FOTON POWER ENERGY SRL

Manager

target

Deals

n/a

Total Value

catalin mrejeru

Co-owner at FOTON POWER ENERGY SRL

Manager

target

Deals

n/a

Total Value

Bidder Team (1)

alexandru - aurelian chirita

CEO at SOCIETATEA ENERGETICA ELECTRICA S.A. (ELECTRICA)

Manager

bidder

Deals

n/a

Total Value