DEER gets 200 mln. euro loan from EIB to modernise grid
The European Investment Bank (EIB) is providing a 200 million euro loan to Distribuție Energie Electrică România (DEER), the distribution…
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Alexandru Chiriță
Manager of the year – Energynomics Awards 2024 Nomination
We continue to present the 2024 Energynomics Awards nominees of the year, with the “Manager of the year” section, a…
Manager of the year – Energynomics Awards 2024 Nomination
We continue to present the 2024 Energynomics Awards nominees of the year, with the “Manager of the year” section, a…
Electrica and Esyasoft (EAU) establish a company dedicated to energy storage
Electrica and Esyasoft (EAU) establish a company dedicated to storage technologies and the digitalization of electricity networks, called Electrica Esyasoft…
Electrica: Declining profit on the background of lower revenues
In the first nine months of 2024, at the level of the Electrica Group, EBITDA recorded a value of 1,062.0…
Electrica might issue green bonds worth 500 mln. euro, invest 83 mln. euro in green projects
The Extraordinary General Meeting of Shareholders (AGEA) of Electrica, legally and statutorily convened on November 8, 2024, approved, with the…
Electrica takes over 20% of the Crucea Power Park wind farm, gets 3 mln. euro through PNRR
Electrica announces the signing of the agreement to access a non-refundable European financing in the amount of approximately 3.4 million…
Electrica: Unfavorable dynamics of the supply market compresses first half’s profit by 28%
Although the operational result of the Electrica Group was positive, in the first half of this year the net profit…
Electrica expands its portfolio with new storage, digitalization and EV charging solutions
The Board of Directors of the Electrica company approved the establishment of a joint-venture company together with EsyaSoft Holding Ltd.,…
Electrica: 10 years since listing on BVB and London Stock Exchange
On July 4, 2014, Electrica made history by launching the largest initial public offering (IPO) in the history of the…
DEER completed investments worth 70 mln. lei in Q1, above the budgeted level
Distribuție Energie Electrică Romania (DEER), a member company of the Electrica Group, made investments of 70.3 million lei in the…
Electrica: Distribution segment – revenues higher by 32%, group profit increases to 128 mln. lei
In the first three months of 2024, at the level of the Electrica Group, the profit before taxation, depreciation and…
Electrica’s profit up 11% due to the distribution segment
In 2023, at the level of the Electrica Group, profit before taxation EBITDA recorded an increase of 27.1%, respectively 369.8…
Electrica shares admitted to the FTSE Russell international indices
Electrica’s shares have been admitted for inclusion, for the first time, in the composition of the FTSE Global Equity Index…
Electrica, first company in Romania that will use an AI system for the energy footprint of its headquarters
Electrica registers a first for Romania, by implementing a system of artificial intelligence (AI) algorithms that will have the ability…
Electrica: Profit before tax increases by over 13% at Group level
In the first nine months of 2023, EBITDA at the level of the Electrica Group registered a solid increase of…
BVB: Electrica, BRK and Roca, selected in the Investor Relations and Liquidity Support Programme
The European Bank for Reconstruction and Development (EBRD), the Bucharest Stock Exchange (BVB) and VERTIK have selected three companies that…
Electrica gets 57 mln. euro through the Modernization Fund for grid investments
The Electrica Group, through the operator Distribuție Energie Electrică Romania (DEER), attracted non-refundable European financing, through the Modernization Fund, in…
Electrica SA invests in 1 GW of energy capacity
Electrica SA plans to invest in several electricity generation capacities with a cumulative power of 1 GW until 2026, of…
Alexandru Chiriță, CEO: Electrica will have a new strategy, focused on renewables and ESG
Electrica will soon have a new medium and long-term strategy, the central element of which is the adaptation of the…
Electrica Group’s EBITDA grows, net balance in an upward trend, in Q1
In the first quarter of 2023 (Q1), EBITDA at the level of the Electrica Group registered an increase of 220…
Electrica acquires the company that develops the solar project “Satu Mare 2”
Electrica has completed the acquisition of Sunwind Energy, whose main activity is the production of energy from photovoltaic sources. The…
Electrica: DEER contracted a loan of 180 mln. lei from EBRD
The Electrica Group, through the operator Distribuție Energie Electrică Romania (DEER), concluded a loan agreement with the European Bank for…