The European Bank for Reconstruction and Development (EBRD) has approved a financing package of RON 300 million (approximately €57 million) for Delgaz Grid SA to support the modernization and digitalization of Romania’s electricity distribution infrastructure. The investment aims to strengthen energy security, improve network efficiency, and facilitate the country’s transition toward a more sustainable and resilient energy system.
The financing will contribute to Delgaz Grid’s capital expenditure program for the period 2026–2030, which focuses on upgrading electricity distribution networks across north-eastern Romania. The modernization initiative includes the deployment of advanced technologies, network improvements, and the large-scale rollout of smart metering systems designed to enhance operational efficiency and customer service.
The EBRD loan forms part of a larger syndicated financing facility valued at RON 3 billion (approximately €573 million). The broader funding package involves collaboration between the EBRD and six commercial banks, demonstrating strong institutional support for Romania’s energy infrastructure development and modernization efforts.
A major objective of the investment is to improve the reliability and performance of electricity distribution services. Upgraded infrastructure is expected to reduce power outages, minimize technical losses within the network, and enhance the overall quality of electricity supply for residential, commercial, and industrial customers. These improvements are particularly important as energy systems become increasingly dependent on digital technologies and renewable energy integration.
The modernization program will also play a significant role in supporting Romania’s renewable energy ambitions. By strengthening grid capacity and improving network flexibility, the upgraded infrastructure will enable the connection of additional renewable energy projects to the national electricity system. This supports Romania’s efforts to meet its renewable energy and climate objectives for 2030 while enhancing long-term energy sustainability.
Delgaz Grid is one of Romania’s leading utility operators, managing both electricity and natural gas distribution networks across the northern region of the country. The company serves approximately 1.6 million electricity customers and more than 2 million natural gas customers. As part of the E.ON Group, Delgaz Grid benefits from the expertise and resources of one of Europe’s largest energy network operators, which serves millions of customers across the continent.
The EBRD has maintained a long-standing partnership with Delgaz Grid and continues to support private-sector investments that improve infrastructure, enhance energy security, and promote sustainable economic growth. Through this latest financing agreement, the Bank reinforces its commitment to strengthening Romania’s energy sector and accelerating the modernization of critical utility networks.
The project is expected to deliver benefits for both consumers and the broader economy. Improved electricity reliability can support business productivity, attract investment, and enhance living standards, while advanced technologies such as smart meters can provide consumers with better information about energy usage and encourage more efficient consumption patterns.
Romania remains one of the EBRD’s key investment destinations. Since beginning operations in the country, the Bank has invested more than €12.5 billion across hundreds of projects spanning infrastructure, energy, financial services, transportation, and private-sector development. These investments have contributed significantly to Romania’s economic modernization and sustainable development goals.
The new financing for Delgaz Grid represents another important step in Romania’s efforts to modernize its energy infrastructure, strengthen resilience against future energy challenges, and build a more efficient and environmentally sustainable electricity system capable of supporting future economic growth and renewable energy expansion.
