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ENGIE Romania buys 5.46 MWp solar park 

Green Energy

The Romanian unit of French power company ENGIE said on Thursday that it has completed the acquisition of a 5.46 MWp (megawatt-peak) operational PV (photovoltaic) park from a company owned by two German investors, according to a report by SeeNews.

The transaction is a new step towards the expansion of the company's installed capacity for renewable energy production, both through organic growth and acquisitions, ENGIE Romania said. The value of the deal was not disclosed.

Located in the village of Nenciulesti, in the southern county of Teleorman, the solar park was put into operation in 2014 and has since produced some 42 GWh (gigawatt-hour), the equivalent of the annual electricity consumption of 25,000 households. ENGIE Romania currently operates 113 MW of wind and PV capacities. 

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