The program may include one or several tranches/series of green or conventional bonds denominated in lei or in other currencies, with fixed or variable interest rates and up to ten-year maturity. The bonds will be nominative, non-convertible and non-guaranteed, admitted to trading on a regulated market.
Shareholders also approved a decision to contract one of several bridge loans worth up to EUR1 billion, with an up to 24-month repayment period, meant to pre-fund the bond issues.
A bridge loan is a temporary bank financing that covers a company’s operational needs until it completes the bond issue and cashes the money from investors.
For 2026, Electrica budgets consolidated net profit of RON281 million, compared to RON1.045 billion achieved in 2025, down 73% on the year, which most reflects an accounting impact.
EL shares have traded 112% higher over the last 12 months and 7% higher so far in 2026, triggering a bourse capitalization of RON9.5 billion. The Romanian State owns 49.8% of the company’s share capital through the energy ministry.