REG - Soc EnergElectricaSA - Electrica Signs a Memorandum with Liberty Galati

Societatea Energetica Electrica SAAnnouncement

24/02/2026 14:15

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RNS Number : 2188U  Societatea Energetica Electrica SA  24 February 2026

Announcement -24 february 2026

Electrica and Liberty Galati Signed a Memorandum of Understanding for the
Development of Joint Energy Projects

 

Electrica informs investors that it signed today, 24 February 2026, a
Memorandum of Understanding with Liberty Galati S.A. regarding the joint
development of renewable (fotovoltaic) energy production and storage
capacities of up to 500 MW, on land plots owned by Liberty Galati S.A.. The
proposed operating model aims to maximize self-consumption and power supply
reliability, while optimizing costs over the long term. The chosen structure
allows for leveraging the strategic complementarities between the two
entities.

Alexandru-Aurelian Chiriță, Electrica's CEO: "Under this agreement,
Electrica and Liberty Galati intend to leverage their technological and
financial capabilities as a catalyst for transformation within Romania's
energy landscape. Final partnership terms are to be defined following
feasibility studies and will be implemented once all corporate approvals are
secured. This initiative aims to establish a model of excellence adapted to
current sustainability requirements, with the goal of setting a new
performance benchmark in the Romanian energy industry. For Electrica, this
partnership is an excellent opportunity to generate added value for our
investors, as well as for the energy industry, by leveraging our experience in
the energy transition."

 

Contact details:

Electrica Investor Relations - ir@electrica.ro ; +40731796111

 

CEO

Alexandru-Aurelian CHIRIȚĂ

 

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