“Investments continue to be a priority at the level of the entire Group, with a strong focus on the distribution area, reflected by the 7.7% increase in the value of completed works. These investments are essential both for the modernization and development of the infrastructure we manage and for ensuring high-quality services for our customers, as well as for supporting the transition to increasingly sustainable energy sources”, said Electrica CEO, Alexandru Chirita.
DEER General Manager, Mihaela Suciu, in turn, said: “Increasing security and accelerating the digitalization process of distribution networks is one of the main pillars of the Electrica group’s strategy, a priority for DEER. We focus on investments (…) and we are working to develop smart grids and increase their flexibility to meet the needs of prosumers and integrate electric vehicles (…). We have undertaken and continue to make investments for the 18 counties we serve, in the amount of EUR100 million annually. To date, we have accessed funds for investments of EUR333 million, of which non-reimbursable funds of EUR280 million.”