The transaction targets the wholesale energy purchase by EDS between May 12 and June 30, 2025 on the centralized market with continuous double trading for PC-OTC, administered by the Romanian Electricity and Natural Gas Market Operator (O.P.C.O.M.)
The total value of the transaction combined with previous transactions is RON923.4 million.
On Nov.26, 2024, Nuclearelectrica informed the capital market about the conclusion of three electricity wholesale contracts with Energy Distribution Services, which target the electricity wholesale between January 1, 2025 and December 31, 2026. The first contract is worth RON48.45 million, the second reaches RON96.92 million and the third amounts to RON96.78 million.
Energy Distribution Services ended 2023 with a net profit of RON110 million, down 63.2% year-over-year, and a turnover of RON4 billion, double against 2022.
Nuclearelectrica reported a net profit of RON1.28 billion for January-September 2024 period, down 35% year-over-year, and operating revenue of RON3.39 billion, down 40% year-over-year. The company is valued on the stock market at RON12.5 billion and is 82.5%-owned by the Romanian State, through the ministry of energy. Its shares have traded down 15% so far in 2024, as per stock market data.