Naftali was the representative of Fondul Proprietatea in the shareholding of the energy company In the summer FP sold its holding in HidroelectricaDaniel Naftali, deputy portfolio manager at Franklin Templeton, the administrator of Fondul Proprietatea (FP), has given up his mandate as a member of the Supervisory Board of Hidroelectrica (H2O), according to an announcement yesterday of the electricity producer and supplier published on the website of the Bucharest Stock Exchange (BVB).
The recent court ruling invalidating the selection of Hidroelectrica management in 2019 has no impact on the IPO planned for the first part of this year, the company's management assures in a statement released after the Court of Appeal announced its ruling on March 6, quoted by News.ro. The.
Wind in the Black Sea, an untapped energy potential
MIHAI GONGOROI (TRANSLATED BY COSMIN GHIDOVEANU) >Romania has an extraordinary energy potential in the Black Sea, whether it s wind energy, or natural gas, potential that has so far been very little exploited. Specialists that met on April 7, 2021 in a debate in the Parliament s Palace, warn Romania needs to first of all define the legislative framework for offshore investments. They said that investment projects in offshore wind farms generally take about a decade to complete and that the European Union s decarbonation strategy is, in fact, a great vision of industrial, economic and growth development and the chance of inserting Romania into the great economic game of the future.