Novenerg
HEP and RWE have founded a new joint company, Novenerg, on 1st of July 2015, in order to manage projects in the segment of renewable sources in Croatia, as well as other countries of Southeastern Europe.
HEP and RWE have 50 percent of shares, each, based on the founding capital of the new company, headquartered in Zagreb. Novenerg is tasked with strategic assessment and analysis of potential investments into capacities for production of electricity from renewable energy sources, the development of decentralized projects, acquisitions, development of projects for waste-to-energy generation, optimization and increases of efficiency of existing facilities, as well as offering services of technical consulting.