The contract covers the construction of the photovoltaic park, the 110 kV transformer substation, as well as their operation and maintenance for a period of three years from commissioning, with a total contract value of approximately €27.9 million (excluding VAT).
The photovoltaic project has an installed capacity of approximately 62.5 MWp and is located within the administrative area of Doba commune, Satu Mare county. The project is thus progressing towards the construction phase.
This objective aligns with Electrica Group's strategy to develop an electricity production portfolio of up to 1 GW by 2030. Funding for the investment costs related to the project will be primarily secured from the funds raised by Electrica through the 2025 green bonds issuance.
