Electrica (stock symbol: EL) has announced shareholders on July 15 that it has allocated EUR359 million from the proceeds obtained from the green bond issuance in the amount of EUR500 million to solar and wind power projects, as well as to two battery energy storage system (BESS) projects.
PPC Renewables Romania, the largest private investor in renewable energy in Romania, is set to build a battery energy storage system (BESS) with a capacity of 40.08 MW | 80.16 MWh at the Corugea wind farm (CEE Corugea), in Tulcea County.
Romania’s public debt reached RON1,305 billion at the end of March 2026, accounting for 63.5% of gross domestic product (GDP), which is higher than the level recorded in January and February when it had dropped to 61.6% of GDP, in line with Finance Ministry data.