The photovoltaic projects will be built on land owned by Liberty Galați.

The partnership aims to maximize self-consumption and power supply reliability while optimizing costs over the long term. The structure is designed to leverage complementarities between the two companies.

"Under this agreement, Electrica and Liberty Galați intend to leverage their technological and financial capabilities as a catalyst for transformation within Romania's energy landscape," said Alexandru-Aurelian Chirită, Electrica's CEO. "Final partnership terms are to be defined following feasibility studies and will be implemented once all corporate approvals are secured."

The initiative aims to establish a model adapted to current sustainability requirements and set a new performance benchmark in the Romanian energy industry. 

The companies will conduct feasibility studies before finalizing partnership terms and securing corporate approvals.