Europe / Caspian / CIS
Country summary: Hungary
| Current deals: | 0 |
| Licensing articles: | 9 |
| Completed deals: | 29 |
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Hungary - recent news
| 15 Oct 26 |
Hungary: CanCambria Energy kicks off shallow oil appraisal program with 3D Seismic Acquisition Agreement - Fieldwork scheduled to begin November 2026 CanCambria Energy Corp has awarded the contract for its proprietary Soltvadkert/Tazlar/Alpar ('STA') Shallow Oil 3D seismic survey to Acoustic Geophysical Services ('AGS') of Hungary. Under the terms of the agreement, AGS is scheduled to commence field operations on November 1, 2026, with field acquisition expected to be completed by mid-December 2026. Land permitting is currently underway. |
| 27 Jul 26 |
Hungary: Greenvolt signs agreement to sell Solar PV project in Hungary to PPC Group for €64.2 million Greenvolt Power, one of the leading developers of large-scale wind, solar, and battery energy projects, and part of the Greenvolt Group, has signed an agreement to sell Kira, a 57.47 MWp solar PV park, located in Királyegyháza, southern Hungary, approximately 180 km from Budapest, to PPC Group, for a total consideration of €64.2 million |
| 15 Jul 26 |
Hungary: CanCambria Energy provides an update on its shallow high-impact oil play in Southern Hungary CanCambria Energy has announced a technical and commercial update for the Soltvadkert/Tazlar/Alpar Shallow Oil Fairway ('STA Fairway'), highlighting continued advancement of the project and outlining key milestones expected to drive value creation going forward. |
| 21 Apr 26 |
Hungary: EBRD finances landmark solar and battery project in Hungary EBRD lends €70 million as part of a €210 million financing deal with commercial banks to Renalfa IPP special purpose vehicles. Investment will finance the development of a 450 MW solar photovoltaic park with a 250 MW /1 GWh co-located battery energy storage system in northeastern Hungary. |
| 23 Jan 26 |
Hungary: Iberdrola completes the sale of its business in Hungary for €171 million Iberdrola has completed the sale of its business in Hungary. The company has sold 100% of the shares in Iberdrola Renovables Magyarország KFT, the owner of its business in Hungary, to a consortium formed by Premier Energy – which already acquired the company’s assets in Romania in 2024 – and a subsidiary of the Hungarian group iG TECH Capital. |
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