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Astor Energy (ASTOR), a Türkiye-based energy company, signed agreements to acquire three Romanian firms that collectively hold solar power projects with a total installed capacity of 279 megawatts (MW), the company announced on Wednesday.
The agreements were finalized through Astor RO Energy, a wholly owned subsidiary of Astor Energy, which was established and officially registered in Romania in April 2025 to coordinate the company’s international renewable energy investments and execute its broader strategy abroad.
According to the company’s statement filed with the Turkish Public Disclosure Platform (KAP), Astor RO Energy signed three separate contracts on May 20 to acquire 100% of the shares in the Romanian companies. Each of these companies is based in Romania and holds photovoltaic (solar) power projects that together account for 279 MW of capacity.
The company noted that the legal and regulatory procedures concerning the share transfers are still ongoing.
In an earlier KAP statement dated April 19, the company had disclosed that it had completed the establishment and registration of its Romanian subsidiary, Astor RO Energy S.R.L., which is entirely owned by Astor Energy. The purpose of the subsidiary is to oversee foreign renewable energy operations and implement investment policies in international markets.
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