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Hungary to designate 17 areas for wind turbines – key legal changes signal stronger role for wind in forthcoming grid capacity tenders
Hungary has taken a significant step towards accelerating wind energy development by proposing the designation of 17 districts as “eased areas” (also referred to as renewables acceleration areas under EU legislation) for wind power projects. Most of these proposed zones are in the north-western Kisalföld region and its surroundings, but faster permitting and more favourable…
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Hungary Advances Green Energy: Simplified Wind Farm Regulations and Expanded Capacity
Hungary is striving for a leading role in the production and storage of green energy. The general rules for the establishment of wind farms were adopted the year before last. Based on the experience gained so far in the permitting process, a legislative package aimed at clarifying and simplifying statutory and regulatory requirements has been…
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Premier Energy closes acquisition of a 158 MW wind park from Iberdrola in Hungary
Premier Energy Group, a leading integrated energy provider in Southeastern Europe and a listed company on the Bucharest Stock Exchange, announces the signing of an agreement to acquire 51% and management control of Iberdrola Renovables Magyarország KFT from Iberdrola Renovables Internacional S.A.U. The acquisition of this 158 MW wind parks portfolio marks a significant step in…
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Iberdrola sells its business in Hungary for a total consideration of €171 million
Iberdrola has reached an agreement to sell 100% of the shares of Iberdrola Renovables Magyarország KFT, which owns its business in Hungary, to a consortium formed by Premier Energy – who previously acquired the company’s assets in Romania in 2024 – and to the Hungarian group iG TECH CC. Through this transaction, the Group will receive €171.2…
