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Source: European Investment Bank
Electrica plans to utilize the funds raised to enhance its renewable electricity generation and energy storage capabilities, in accordance with the company’s Green Financing Framework. By 2030, Electrica aims to achieve a generation capacity of 1,000 megawatts of renewable energy and to store 900 megawatt-hours (MWh) of electricity.
This issuance is an ice breaker for the Romanian market. The Electrica operation is at the intersection of finance and sustainability, encouraging all to think green. It is a significant project because driving funds towards environmentally sustainable projects is at the heart of fostering economic growth and contributing to the fight against climate change.
EIB Vice-President Ioannis Tsakiris
As a significant player in the Romanian electricity sector, Electrica serves approximately 4 million customers, predominantly in the regions of Transylvania and Muntenia.
This transaction showcases the EIB’s commitment to supporting green investments that align with the European Union taxonomy for sustainable activities, utilizing capital market instruments that contribute to EU policy objectives.
Electrica’s green bond features a five-year maturity, an interest rate of 4.566%, and has received a BBB rating from Fitch Ratings. The planned issuance received approval from the Commission de Surveillance du Secteur Financier in Luxembourg on July 10, 2025.
Enefit, the electricity subsidiary of Estonia's Eesti Energia, has officially opened the Strzałkowo solar park in central Poland. The newly launched facility marks a major milestone for the company, standing as its largest single renewable energy project in the Polish market to date.
The Strzałkowo facility boasts an impressive installed capacity of 45 megawatts (MW). Operational estimates suggest the site will generate approximately 45 gigawatt-hours (GWh) of clean electricity annually.
ORLEN Group has just secured a landmark deal to acquire a 216 MW hybrid renewable energy complex in Kazimierz Biskupi, marking a significant milestone in Poland’s green energy transition. By pairing a large-scale solar farm with wind turbines, the project aims to power nearly 143,000 households annually.
The European Commission has unveiled a sweeping strategy to make Europe the world’s first electro-powered continent. By launching a new Electrification Action Plan alongside a major review of the Emissions Trading System, the Commission aims to boost industrial competitiveness, accelerate decarbonization, and permanently break the region's reliance on imported fossil fuels. European Commission President Ursula von der Leyen emphasized that powering the economy with clean, homegrown electricity is the most effective way to reduce energy dependency, bring relief to European industries, and keep the green transition on track.