The deal is pending approval by the Competition Council and other competent watchdogs, announced the involves parties.
“We will invest in projects supporting energy infrastructure overhaul, energy efficiency and the use of clean energy sources. Together with the group’s current management team, we are confident that by attracting this partner in the company’s shareholding structure, we will strengthen our commitment to the transformation of the energy industry and the sustainability of our company,” stated Corneliu Bodea, Adrem CEO.
The group currently has 1,600 employees and an extensive network of over 30 headquarters countrywide.
“(…) Via this agreement, we aim to bolster Adrem’s positive impact in the energy industry, aiding the development and modernization of this key sector for the Romanian economy,” added Ionut Bindea, Senior Investment Manager at ROCA Investments.
Adrem intends to use the investments attracted to expand and diversify EPC projects, support the development of infrastructure dedicated to renewable power and step up grid digitalization.
(English version by Catalina Apostoiu)