Premier Energy SRL reached an agreement to acquire Eolica Dobrogea One, S.R.L. from Iberdrola, S.A. (BME:IBE) for ?88 million on April 29, 2024. Post completion of the acquisition, Iberdrola will no longer have any assets in Romania. The sale is subject to standard regulatory approvals for this type of transaction in Romania.

Mircea Moraru, Horea Popescu, Horia Draghici, Andrei Cristescu and Andrei Tercu of CMS Cameron McKenna Nabarro Olswang LLP S.C.P. acted as legal advisor to Iberdrola, S.A.