European Bank for Reconstruction and Development has expressed its support and openness to contribute to the modernization of the Romanian energy sector, according to Energy Minister Virgil Popescu.

“Today (Thursday – e.n.) we had a discussion with the President of the EBRD, Odile Renaud-Basso, and representatives of the European Bank for Reconstruction and Development. The main topic of discussion focused on investment opportunities in the Romanian energy sector. There is interest in the nuclear field, for investments in renewable energy, but also in the development of the transmission and distribution network of natural gas mixed with hydrogen, electricity, their digitalization and for the construction of new production capacities.The dialogue continues, and the main institutional partner of Romania (EBRD) expressed its support and openness to contribute to the modernization of the energy sector and to the modernization projects proposed by the Minister of Energy,” the minister wrote on his Facebook page.

The President of the European Bank for Reconstruction and Development (EBRD), Odile Renaud-Basso, made his first official visit to Romania, in an online format, on which occasion she had several meetings with government officials, private sector representatives, international financial institutions and civil society, according to Agerpres.

According to an EBRD statement, the meetings focused on Romania’s recovery after the COVID-19 pandemic and on the ways in which EBRD investments can support this recovery, together with European Union funds.