EBRD provides €57 million loan to Delgaz Grid SA for modernization of Romania's electricity distribution network
Type: Financing · Technology: Transmission · Country: Romania · Value: EUR 57M · Announced: 2026-06-17
The European Bank for Reconstruction and Development (EBRD) provided a €57 million loan to Delgaz Grid SA to finance the modernization of Romania's electricity distribution network. The investment targets upgrades and digitalization of the grid, enhancing energy security and network reliability while enabling better integration of renewable energy sources. Delgaz Grid SA, a subsidiary of E.ON, will use the funds to modernize infrastructure across Romania, supporting the country's transition to cleaner energy. The project aligns with Romania's national energy strategy and the EBRD's green transition mandate. The financing includes provisions for advanced metering infrastructure and grid automation technologies to improve operational efficiency.
Counterparties
- Delgaz Grid SA (Borrower)
- European Bank for Reconstruction and Development (Lender)