CEZ Romania, the local subsidiary of the Czech power group, announced on 6 January the acquisition of a cascade of four small hydro plants in Caras Severin County near Resita from the Russian group, TMK Hydroenergy Power. The newly acquired busi- ness consists of the Crainicel I, Crainicel II, Grebla and Breazova stations, with a combined installed capacity of around 18 MW, as well as four reservoirs with dams: Trei Ape, Gozna, Valiug and Secu. CEZ, which operates a regional electricity distribution grid in Romania and is also finalizing the first stage of its 600 MW wind project, said that the acquisition was in line with its policy to focus on its core business in countries with existing operations and in addition in the area of semi-regulated renewable generation.
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