{"id":7121,"date":"2025-10-08T07:03:01","date_gmt":"2025-10-08T07:03:01","guid":{"rendered":"https:\/\/ofero.news\/?p=7121"},"modified":"2025-10-08T07:03:01","modified_gmt":"2025-10-08T07:03:01","slug":"romanias-utility-group-electrica-to-borrow-eur-1-bln-to-finance-acquisition-plan","status":"publish","type":"post","link":"https:\/\/ofero.news\/?p=7121","title":{"rendered":"Romania\u2019s utility group Electrica to borrow EUR 1 bln to finance acquisition plan"},"content":{"rendered":"

Romania\u2019s electricity utility group Electrica, controlled by the state (49%) and listed at the Bucharest Exchange (BVB: EL), with supply and distribution operations, requested the shareholders\u2019 approval for borrowing up to EUR 1 billion. The money will be used for acquisitions.<\/p>\n

Electrica expressed plans to buy companies (shares\/social parts), business lines, or individual assets within the activity fields of the Electrica Group, to expand operations nationally, as well as regionally and in other EU member states.<\/p>\n

The company\u2019s management also requested shareholders\u2019 approval, in principle, for initiating due diligence procedures relevant to such transactions.<\/p>\n

Economica.net<\/a> reported that Electrica is in talks with the investment fund Macquarie for taking over Distribu\u021bie Energie Oltenia (DEO).<\/p>\n

Macquarie has been planning for some time to sell the electricity distribution company DEO, the last large asset of all those purchased from CEZ four years ago in Romania that it still owns.<\/p>\n

According to several sources in the energy market, since spring, representatives of the investment fund have held exclusive discussions with the French from Engie, present on the Romanian market with gas distribution and supply, and with energy production from renewable sources.<\/p>\n

Although Macquarie would like to sell the distribution business in Oltenia relatively quickly, market insiders say they will not sell at any price; in any case, they will not sell for less than the regulated asset base, estimated at around EUR 750 million. According to sources, the claims could even go up to EUR 1 billion.<\/p>\n

iulian@romania-insider.com<\/em><\/p>\n

(Photo source: Florin Brezeanu\/Dreamstime.com<\/a>)<\/em><\/p>","protected":false},"excerpt":{"rendered":"

Romania\u2019s electricity utility group Electrica, controlled by the state (49%) and listed at the Bucharest Exchange (BVB: EL), with supply and distribution operations, requested the shareholders\u2019 approval for borrowing up to EUR 1 billion. The money will be used for acquisitions. Electrica expressed plans to buy companies (shares\/social parts), business lines, or individual assets within […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-7121","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts\/7121","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7121"}],"version-history":[{"count":0,"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts\/7121\/revisions"}],"wp:attachment":[{"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7121"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7121"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7121"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}