Electrica owns 60% of the share capital of the company Crucea Power Park.
Electrica shareholders approved the granting of the loan in their general meeting of February 5.
The investment project carried out by CPP targets the construction of the wind farm, a medium voltage electrical network, an electrical transformer station and an underground line of 110 KV.
Mid-December 2024, Crucea Power Park SRL was designated among the winners of the first round of the Auction for the State Aid Scheme in the form of Contracts for Difference (CfD), within the call launched on November 18, 2024.
Electrica shareholders also approved the election of Mihai Diaconu as member of the company’s Board of Directors for the position left vacant after Dumitru Chirita relinquished his mandate.
Electrica’s Board of Directors appointed Mihai Diaconu as provisional non-executive administrator on October 21, 2024.