Romaniarompetrol.com/major-investments/kazakh-romanian-energy-investment-fund
Its role Investor / Financier
Kazakh-Romanian Energy Investment Fund S.A. (KREIF) is a joint investment vehicle established in October 2018 by KMG International (80%) and Romania's Societatea de Administrare a Participațiilor în Energie (20%). Headquartered in Romania, the fund focuses on strategic energy infrastructure projects to modernize and diversify the national industrial sector, with emphasis on oil refining, power generation, and downstream facilities.
Key initiatives include development of the Petromidia refinery cogeneration plant and expansion of Rompetrol service stations. The fund remains active in implementing energy-related investments in Romania.
Also known as Fondul de Investiții Energetice Kazah-Român and FIEKR.
chemXplore tracks 1 project involving KREIF.
Plant can start and run without National Energy System power; tested with Transelectrica and Nuclearelectrica; capacity ~80 MWh and 180 t/h steam; can feed surplus to grid.
The Petromidia cogeneration plant is operational, enhancing energy infrastructure, reducing costs, and supplying electricity and steam to the refinery and National Energy System.
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