Sterling and Wilson Subsidiary Establishes New Entity in Romania

Sterling and Wilson Renewable Energy Limited has informed that its wholly owned subsidiary, Sterling and Wilson International Solar FZCO, has incorporated a new wholly owned subsidiary named Sterling and Wilson Renewable Energy S.R.L in Romania. The incorporation was completed on December 8, 2025, and the communication was received by the company on December 10, 2025.

The new entity, Sterling and Wilson Renewable Energy S.R.L, has an authorized and subscribed capital of 100 LEI. It is yet to commence business operations. The primary objective of this subsidiary is to undertake construction works for utility projects in the electricity sector within Romania. This aligns with the company’s focus on expanding its presence in the renewable energy sector.

The incorporation does not fall under related party transactions, and there is no interest from the promoter or promoter group in the entity being acquired. The acquisition was completed through cash consideration, with the cost of acquisition being 100 LEI. The company has acquired 100% shareholding in the new entity.

No governmental or regulatory approvals were required for this acquisition. The incorporation has been completed, and the entity is registered with the Romania Ministry of Justice, National Trade Registry Office.

Sterling and Wilson Renewable Energy Limited is a prominent player in the renewable energy sector, focusing on providing comprehensive solutions for solar energy projects. The company is committed to expanding its global footprint and enhancing its capabilities in delivering sustainable energy solutions.