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Romania
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Fortenova sells agri unit to Podravka for 333 mln euro
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France's Mirova invests in Romanian renewable portfolio

Jan 29, 2024, 12:34:15 PMArticle by Razvan Timpescu
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January 29 (SeeNews) - Romanian law firm PeliPartners said on Monday that it has helped French asset manager Mirova, part of Swiss-based asset management company Natixis Investment Managers, make a 140 million euro ($151.6 million) investment in a renewable project portfolio, which includes assets in Romania.

France's Mirova invests in Romanian renewable portfolio
Solar park in Poland. Image by: R.Power.

The investment was made by Mirova in Hyperion Energy Investments, a company that invests in renewable energy projects in Iberia and Central and Eastern Europe (CEE), PeliPartners said in a press release.

The investment is intended to support Hyperion's initiatives in the field of renewable energy, particularly in Romania, where the portfolio includes multiple companies developing photovoltaic projects with a total capacity of over 200 MW.

The firm also assisted in the negotiation of the investment agreement and the securing of all necessary regulatory approvals, including FDI clearance.

($=0.923424 euro)

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