Electrica and Romgaz will develop together green energy production and storage capacities with an installed power of up to 400 MW, exclusively via greenfield-type projects, on the basis of a memorandum signed on Tuesday, September 9.
Law firm Filip & Company advised the syndicate including Banca Comerciala Romana S.A, BNP Paribas, Citigroup Global Markets Europe AG, ING Bank N.V., JP Morgan SE, Raiffeisen Bank International AG, BT Capital Partners S.A., Intesa Sanpaolo S.p.A., Societe Generale and UniCredit Bank about the first green bond issue of Electrica (EUR500 million).
Electrica, a major player on Romania electricity distribution and supply market, registered net profit of RON195.7 million in the first quarter of 2025, up 53.2% from the same period of 2024.
Electrica (EL.RO), a major actor on the electricity supply and distribution market in Romania, on Wednesday notified the Bucharest Stock Exchange that NN Group had increased its stake to 10.08% after having bought more stock in it.
Electrica, a major player on Romania’s electricity distribution and supply market, will carry out a green bond issue in July, worth EUR500 million, with the funds due to be invested in green transition projects.
Electrica, a major player on Romania’s electricity distribution and supply market, is readying to list bonds on the Bucharest Stock Exchange, announced Alexandru Chirita, the company’s CEO.
Electricity supplier and distributor Electrica (stock symbol: EL) announced in a stock market report on Oct 21 that it called shareholders for a meeting on December 11 to vote on approving the guarantee for a term loan of up to EUR200 million that the company Distributie Energie Electrica Romania S.A. (DEER) will contract from the European Investment Bank (EIB) to finance the investment plan for the 2025-2027 period.
Electricity supplier and distributor Electrica for the first half of this year reported operating income worth RON4.7 billion, down 29%, and RON102 million net profit, RON40 million below the H1/2023 level.
The shareholders of electricity supplier and distributor Electrica (EL.RO) on April 25 approved the distribution of dividends in the amount of almost RON40 million, from the 2023 net profit.
For the first time in Romania, electricity supplier and distributor Electrica (EL.RO) is implementing a system of artificial intelligence (AI) algorithms that will have the ability to identify in real time the energy footprint of the main receivers in its headquarters, as part of an indirect monitoring process.
State-run electricity supplier and distributor Electrica (EL.RO) has notified investors about several transactions between Distributie Energie Electrica Romania (DEER), its subsidiary, and Hidroelectrica, the largest local electricity producer, between February 17, 2022 and February 16, 2023.