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Electrica’s DEER gets EUR 200 mln EIB loan to upgrade electricity distribution network in Romania

December 18, 2024

Distributie Energie Electrica Romania (DEER), the distribution operator within the Electrica Group, has taken a loan worth EUR 200 million from the European Investment Bank (EIB) to upgrade its electricity distribution network covering 40% of Romania and serving approximately 4 million households and businesses. 

The loan, which can be disbursed in euro or lei, will support DEER in better serving its customers, improving energy efficiency, and facilitating the connection of renewable...

The text of this article has been partially taken from the publication:
https://www.romania-insider.com/deer-eib-loan-upgrade-electricity-distribution-romania-dec-2024
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