• Investor demand at the final price exceeded supply by over 11.5 times, marking a record for Romanian corporate issuances;
• The European Investment Bank (EIB) is one of the key participants in this issuance;
• The offering prospectus was approved on July 10, 2025 by the competent authority in Luxembourg, the CSSF (Commission de Surveillance du Secteur Financier).

The green bond issue, with a maturity of 5 years, benefits from a competitive interest rate of 4.566% and has been rated BBB- by Fitch Ratings. At the beginning of August, the bonds will be listed on the Luxembourg Stock Exchange and, subsequently, on the Bucharest Stock Exchange, with a standard institutional nominal value of EUR 100,000. The competent authority in Luxembourg, the CSSF (Commission de Surveillance du Secteur Financier), approved the offer prospectus on July 10, 2025.

The funds raised through this issue will be allocated to the development of renewable electricity production capacities and energy storage capacities, according to Electrica’s Green Financing Framework, available in full on the company’s website. The objective for 2030, established in the corporate strategy, is the implementation of 1,000 MW of electricity production capacity and 900 MWh of electricity storage capacity.

Alexandru Chiriță, CEO of Electrica: “The green bond issuance represents a defining moment for Electrica and for the national energy system. The success of this operation reflects our corporate discipline, transparency and ability to execute quickly and, at the same time, sends a strong signal to the international financial market regarding Romania’s potential in sustainable financing. The participation of the European Investment Bank confirms our strategic alignment with the European objectives of decarbonization and digitalization, and provides us with a solid basis for accelerating investments in the energy infrastructure of the future. Moreover, Electrica benefits from a solid partnership with the European Investment Bank, which finances the development of strategic energy projects.”

In the transaction, Electrica was assisted by: Banca Comercială Română, BNP PARIBAS, CITI, ING, J.P. Morgan and Raiffeisen Bank International, as Joint Global Coordinators, and BT Capital Partners, IMI-Intesa Sanpaolo, Societe Generale and UniCredit, as Joint Bookrunners.

Additional details regarding the issue and use of the funds raised can be found in the dedicated section on the website: https://www.electrica.ro/investitori/obligatiuni/.