Hidroelectrica is summoning its two shareholders on March 4, 2021, namely, the Energy Ministry (which holds 80% of its shares) and investment fund Fondul Proprietatea (which owns 20% of its shares) to approve the planned investments.
Hidroelectrica will finance the planned investments from its own funds.
“The actual execution of works envisaged for the objectives included in the planned investments is expected to be carried out in 36 months.”