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Romania

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Electrica S.A. is a leading Romanian utility company, publicly listed, primarily engaged in electricity distribution and supply to over 3.8 million customers across three key regions of Romania. It operates approximately 198,000 km of distribution networks and is actively investing in grid modernization, smart metering, and expanding its renewable energy generation portfolio through solar PV acquisitions.

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Founded 1998 9,500 employees
Utility CompanyOperatorDeveloperInvestor

Strategic Overview

  • Focus on modernizing and digitalizing electricity distribution networks to improve efficiency and reliability.
  • Strategic expansion into renewable energy generation, particularly solar PV, to diversify its portfolio and support energy transition goals.
  • Commitment to enhancing customer service and implementing smart metering solutions across its operational areas.

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Deal Activity from Public Sources

Acquisition of a 27 MW solar project from Green Source S.R.L.
Acquisition Solar PV Romania February 2024 27 MW with Green Source S.R.L.
Acquisition of a 12 MW solar project from V-Ridium Group
Acquisition Solar PV Romania July 2023 12 MW with V-Ridium Group
Acquisition of a 7.5 MW solar park from Long Bridge S.R.L.
Acquisition Solar PV Romania December 2022 7.5 MW with Long Bridge S.R.L.

Investment Focus

Technologies
Storage1
Geography
Romania1

Key People

Alexandru-Aurelian Chirilă
Chief Executive Officer
Georgeta-Corina Popescu
Chairman of the Board

Track Record

3
Deals Completed
26
Years Active
Notable projects: Extensive electricity distribution network (approx. 198,000 km), Smart metering deployment program, Grid digitalization projects

Detailed Analysis

Sectors
UtilitiesEnergy TransitionDigital/Telecom
Technologies
TransmissionSmart GridSolar PV (3 deals)
Geographies
Romania (3 deals)
Deal Stage
BrownfieldOperating

Subsidiaries

Distribuție Energie Electrică Romania (DEER)Electrica FurnizareElectrica Serv

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