ROMANIA: The Swiss group Axpo wants 300 MW electricity storage facilities in Romania
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Axpo, the largest producer of renewable energy in Switzerland, has taken the necessary steps by which it asks the Romanian Government to authorize the investment through which it wants to develop at the “ready to build” stage the electricity storage facilities with batteries, with an installed capacity total estimated at around 300 MW, according to a decision of the shareholders, obtained by Economica.net.
The Commission for the Examination of Foreign Direct Investments (CEISD), subordinate to the Government, analyzes the intentions of foreign direct investments in our country. The Commission’s response can either be authorization of the investment, or conditional authorization, or rejection if it decides that the foreign direct investment could be a threat to national security.
