10 years Distribution Network Development Plan.


    01 July 2025 14:49:06
  • Source: Sharecast
RNS Number : 2696P
Societatea Energetica Electrica SA
01 July 2025
 

To:                              Bucharest Stock Exchange (BSE)
                                    London Stock Exchange (LSE)
                                    Romanian Financial Supervisory Authority (FSA)

Current report in compliance with the Law 24/2017 on issuers of financial instruments and market operations, FSA Regulation no. 5/2018 on issuers of financial instruments and market operations, and the Bucharest Stock Exchange Code

Report date: 1 July 2025

Company name: Societatea Energetica Electrica S.A. (Electrica)

Headquarters: 9 Grigore Alexandrescu Street, 1st District, Bucharest, Romania

Phone no.: 004-021-2085999

Fiscal Code: RO 13267221

Trade Register registration number: J2000007425408

Subscribed and paid in share capital: RON 3,395,530,040

Regulated market where the issued securities are traded: Bucharest Stock Exchange (BSE) and London Stock Exchange (LSE)

 

Significant events to be reported: Approval of the Financial Plan associated with the 10-year Distribution Network Development Plan (2026-2035) for DEER

During the meeting held on June 30, 2025, the Board of Directors of Electrica approved the value of  the Financial Plan associated with the 10-year Distribution Network Development Plan (2026-2035), in total amount of RON 6,907 mn., for DEER.

Commisioning Plan (RON mn.)

2026

2027

2028

2029

2030

2031

2032

2033

2034

2035

TOTAL

Equity and borrowed capital

727

747

754

768

603

622

646

666

679

695

6,907

For the period 2026-2029, the values presented above correspond to those approved by ANRE for RP5 through ANRE Order no. 97/2024. For the 2030-2035 interval, the values are estimated in accordance with current regulations and may be revised annually, considering that the 10-year Development Plan is prepared every two years, with the possibility of annual updates.

In addition to investments made from own sources and loans, DEER intends to implement, during the period 2026-2035, projects financed by non-reimbursable financial contributions.

§ For the interval 2026-2029, the estimated value of investments financed from non-reimbursable funds is RON 1,699 mn., based on projects with financing contracts already signed through the Modernization Fund.

§ For the period 2030-2035, DEER has projects in preparation that are eligible for future funding axes, with an estimated value of RON 2,139 mn.

Chief Executive Officer                                                          Chief Financial Officer

Alexandru Chirita                                                                             Stefan Frangulea

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