"Romania has great potential to develop into one of Europe's regional leaders in the field of renewable energy sources. The wind management service contract is a milestone in becoming a leading service provider for wind producers in Romania," says Petre Stroe, Managing Director of EGL Romania.
Markus Brokhof, Head of the Gas Supply & SEE division and Member of Executive Management of the EGL Group, says: "For the EGL Group, Romania is a core and leading energy market in Europe's southeast region. We are planning to grow sustainably in this market over the next years. The deal demonstrates that EGL is an agile player that has transferred its profound knowledge in marketing wind energy from established European markets into a new developing market."
EGL Romania belongs to the top companies in Romania's electricity and gas markets. The company not only provides end-consumers with electricity and natural gas, but is also specialised in electricity balancing and portfolio management services, as well as trading electricity and CO2.
EGL Romania is a subsidiary of the EGL Group, a European energy trading company with own assets. In turn, the EGL Group is a member of the AXPO Group and listed on the SIX Swiss Exchange. With its more than 20 locally present subsidiaries in Europe, EGL trades in electricity, natural gas and energy-related financial products on all key energy exchanges. EGL holds interests in Swiss power plants and in a wind park in Spain, owns two gas-fired combined-cycled power plants in Italy, and holds long-term electricity supply contracts with electricity producers in France. It is investing in the construction of its own production capacities and transport infrastructure in key European markets.
Further information:
EGL Gas & Power Romania SA: Tel +40 21 230 33 23, office.ro@egl.eu
EGL Group, Media Relations: Tel. +41 44 749 40 10, media.ch@egl.eu
