Italian based utility ENEL is preparing a development plan to install 2500 electrical vehicle (EV) charging stations across Romania in a project estimated between €15-20 million. The stations’ technological solution is based on a new charging solution developed by the Company’s global business line, Enel X.. Source: Ziarul Financiar #Enel #electricvehicle #chargingstation #Romania

Only days after losing €401 million arbitration against Romania, Italian based Enel announced plans to invest €329 million in in Romania in order to enhance the service quality being provided. According to Nine o'clock, Enel invested over €3 billion in the Romanian energy sector since it entered the market in 2005. Source: Nine o'clock #Romania #Enel

After finishing the international arbitration process, Italian based Enel is ordered to pay a sum of €401 million for the minority share of the Romanian distribution utility Electrica Muntenia Sud. According to Enel, the debt is to be settled in during 2017 in one single installment. Source: Ziarul Financiar #Romania #Enel

After winning in a previous €900 million arbitration, Enel has now been ordered to pay over €400 million for a minority stake in Electrica Muntenia Sud as part of the privatisation agreement signed when entering the market. as reported by Business Review, before going on trial, Enel said it was willing to pay €250 million for the stake, but the Romanian Government refused the offer. Source: Business Review #Enel #Romania