Electrica aims for €1.4 billion investments in power distribution by 2035

Business Forum
Electrica's Board of Directors has approved a 10-year Distribution Network Development Plan (2026-2035) for its subsidiary, DEER, with a total budget of RON 6.9 billion (around €1.4 billion).

For the initial period of 2026-2029, the planned investments align with the values approved by energy regulator ANRE. The investment budget comprises RON 727 million (€146.3 million) slated for 2026, followed by RON 747 million (€150.3 million) in 2027, RON 754 million (€151.7 million) in 2028, and RON 768 million (€154.5 million) in 2029. 

The subsequent interval, 2030-2035, will see estimated values in accordance with current regulations, subject to annual revisions as the 10-year development plan is updated every two years.

In addition to funding from its own sources and loans, DEER plans to implement projects financed by non-reimbursable financial contributions between 2026 and 2035. For the 2026-2029 period, an estimated RON 1.7 billion (€341.6 million) in investments is secured through signed financing contracts via the Modernization Fund. 

Looking ahead to 2030-2035, DEER has projects in preparation that are eligible for future funding axes, with an estimated value of RON 2.1 billion (€430.4 million).

RECOMMENDED
RECOMMENDED FROM THE HOME PAGE
Electrica secures grid permits for 700 MWh of storage
Energy

Electrica secures grid permits for 700 MWh of storage

Energy company Electrica informs investors and the capital market that it has obtained the technical grid connection permits (ATR) for 17 new battery energy storage projects (BESS), with a total capacity of approximately 700 MWh.

Energy

Romanian grid operator to support peak power consumption during heatwave

Romania's national electricity transmission network operator, Transelectrica, has halted scheduled maintenance shutdowns to ensure the grid operates at maximum capacity during an ongoing extreme heatwave. The preventive measures aim to mitigate operational risks associated with severe weather conditions.