REG - Soc EnergElectricaSA - Commissioning Plan of DEER for RP5

Societatea Energetica Electrica SAAnnouncement

22/10/2024 13:15

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RNS Number : 1668J  Societatea Energetica Electrica SA  22 October 2024

To:                              Bucharest Stock
Exchange (BSE)

                                    London
Stock Exchange (LSE)

                                    Romanian Financial
Supervisory Authority (FSA)

 

Current report in compliance with the Law 24/2017 on issuers of financial
instruments and market operations, FSA Regulation no. 5/2018 on issuers of
financial instruments and market operations, and the Bucharest Stock Exchange
Code

Report date: 22 October 2024

Company name: Societatea Energetica Electrica S.A. (Electrica)

Headquarters: 9 Grigore Alexandrescu Street, 1(st) District, Bucharest,
Romania

Phone/fax no.: 004-021-2085999/004-021-2085998

Fiscal Code: RO 13267221

Trade Register registration number: J40/7425/2000

Subscribed and paid in share capital: RON 3,395,530,040

Regulated market where the issued securities are traded: Bucharest Stock
Exchange (BSE) and London Stock Exchange (LSE)

 

Significant events to be reported: Approval of the Commissioning Plan of DEER
for RP5 (2025-2029)

During the meeting held on 21 October 2024, the Board of Directors of
Electrica approved the consolidated value of the Investment Plan
(Commissioning) of the subsidiary Distributie Energie Electrica Romania S.A.
(DEER) for the period 2025-2029 (RP5 - the 5th Regulatory Period), in a total
amount of RON 3,702 mn., with the following annual split:

 

 (RON mn.)           2025  2026  2027  2028  2029  TOTAL
 DEER Commissioning  706   727   747   754   768   3,702

We mention that the approval of the investment plan by ELSA's BoD resulted
from the obligation of distribution operators to submit to ANRE the forecasted
investment program for RP5 within 30 calendar days from the date of entry into
force of ANRE order no. 67/2024 approving the Methodology for establishing
tariffs for the electricity distribution service.

 

If ANRE considers that the forecasted investment program related to the entire
regulatory period (RP5) complies with the provisions of the regulations in
force, will approve the investment program, and its approved value will be
included in the Regulated Asset Base (BAR) forecast for RP5.

 

Chief Executive Officer

Alexandru-Aurelian Chirita

 

 

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