TRANSELECTRICA
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Transelectrica Gets Another EUR48M Funding Via Modernization Fund
Romania’s national power transmission company Transelectrica (TEL.RO) got EUR48 million non-repayable funding on Tuesday, February 20, via the tenth funding contract the Energy Ministry sign...
Transelectrica Expects 14% Higher Revenue, 40% Lower Profit In 2024
State-run national grid company Transelectrica (TEL.RO) estimates total revenue to reach RON5.3 billion in 2024, compared with a preliminary figure of RON4.7 billion in 2023, a potential inc...
Moody’s Reconfirms Transelectrica's Baa3 Rating, With Stable Outlook
International rating agency Moody's Investors Service (Moody's) has reconfirmed the Ba1 rating, with a positive outlook, awarded to Romania's national power grid operator Transelectrica (TEL...
Transelectrica Gets over EUR56M Non-Reimbursable Funding for Three Investment Projects
Romania’s national grid company Transelectrica has obtained an over EUR56 million non-reimbursable funding, via the REPowerEU component of PNRR, for three investment projects envisaging the...
Transelectrica Jan-Sept 2023 Net Profit Down 51% To RON207M
Romania’s national grid company Transelectrica reported RON207 million net profit for the first nine months of 2023, down 51% from the year-earlier period, while revenues dropped by 32% to R...
Transelectrica, TAQA, Meridiam, E-INFRA, Fluor Unveil Strategic MoU For Feasibility Study Of HVDC Infrastructure Project
Romania's national grid company Transelectrica (TEL.RO), Abu Dhabi National Energy Company PJSC (TAQA), Meridiam, E-INFRA and Fluor have announced a strategic Memorandum of Understanding (Mo...
Transelectrica's Supervisory Board Elects Stefanita Munteanu As Directorate Chairman
The Supervisory Board of Romania's national grid company Transelectrica (TEL.RO) has approved in its October 24 meeting the extension of mandates for the members of Directorate for Stefanita...
Transelectrica Signs MoU For Construction Of HVDC Transmission Line And Conversion Stations On Romania's Territory
Romania's national grid company Transelectrica (TEL.RO) announced in a stock market on Oct 16 the signing of a memorandum of understanding (MoU) to perform a feasibility study for the constr...
Transelectrica Ends H1/2023 With RON2.2B Revenue, Down 16% YoY
Romania's national grid company Transelectrica (TEL.RO) reported total operating revenue of RON2.2 billion for the first half of 2023, down 16% from RON2.6 billion in the same period of 2022...