REG - Soc EnergElectricaSA - EPC Contract Signing for Bihor 1 PV

Societatea Energetica Electrica SAAnnouncement

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RNS Number : 2946G  Societatea Energetica Electrica SA  29 May 2026

Societatea Energetica Electrica S.A.

9 Grigore Alexandrescu Street, sector 1

010621, Bucharest

Phone: 0212085999

CIF: RO 13267221, J40/7425/2000

Share capital: 3.395.530.040 LEI

www.electrica.ro

 

29 May 2026

Announcement

Signing of an EPC contract for the development of the

"Bihor 1" photovoltaic project

 

Electrica announces the completion of the competitive procedure for the
selection of an EPC Contractor and the signing, by its subsidiary Foton Power
Energy S.R.L., of an EPC (Engineering, Procurement & Construction)
contract for the "Bihor 1" photovoltaic project, namely the implementation of
the photovoltaic park, the 110 kV transformer substation and an electricity
storage installation with a capacity of 18 MWh, as well as their operation and
maintenance for a period of 3 years from commissioning, with a total contract
value of approximately EUR 36.6 million (excluding VAT).

The "Bihor 1" photovoltaic project has an installed capacity of approximately
78,8 MWp and is located within the administrative area of the Cefa and
Mădăraș communes, Bihor County, being developed through the subsidiary
Foton Power Energy S.R.L., wholly owned by Electrica.

The next step in this project is the start of the actual construction works,
Electrica estimating its completion and commissioning in line with the project
schedule. This objective is part of Electrica Group's strategy of expanding on
the electricity value chain, in the area of electricity production from
renewable sources.

The financing of the project's investment costs will be ensured, on a priority
basis, from the funds raised by Electrica through the green bond issuance in
2025.

Contact details: Investor Relations - E-mail: ir@electrica.ro ; Phone: +40 731
796 111

Chief Executive Officer

Alexandru - Aurelian Chirita

 

Chief Business Development Officer

Andreea Lambru

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