Electrica debuts today, July 30, with its first bond issue on the BVB Regulated Market. It is the largest green, corporate and non-financial bond issue on the Romanian capital market, reaching a total value of 500 million euros.
The bonds, with the stock exchange symbol EL30E, have a unitary nominal value of 1,000 euros and will mature on July 14, 2030. They have an annual interest rate of 4.375%. Following the sale offer carried out by Electrica, 155 bondholders from 31 countries subscribed, all of them legal entities.
Before entering the local capital market, Electrica’s green bonds were listed on the Luxembourg Stock Exchange on July 14, 2025, with the issuance being approved by the competent Luxembourg institution (CSSF Commission de Surveillance du Secteur Financier).
The funds raised through Electrica’s first bond issuance will be used to finance and/or refinance eligible green projects (Eligible Green Projects), which involve projects related to renewable electricity, in accordance with the provisions of Electrica’s Green Financing Framework and the prospectus approved by the CSSF.
“The listing of this record green bond issue represents an essential step in Electrica’s strategy to support the energy transition and consolidate our position on the Romanian energy market. The high interest from international investors confirms the confidence in our vision and in the company’s ability to implement ambitious projects that accelerate the development of renewable energy and significantly contribute to the future of the green economy. This issue allows us to finance strategic investments in sustainable energy infrastructure and achieve our long-term sustainable growth objectives,” said Alexandru Chiriță, CEO of Electrica.
“The reputation that Electrica has built over time among the general population and, especially, among investors, was particularly reflected on the occasion of its first bond issue. We are talking about green, corporate and non-financial bonds, being the largest issue of this kind in Romania, worth 500 million euros, and having as its objective the protection of environmental resources. Electrica represents an example of an issuer that significantly contributes to the rise of the local capital market and one of the engines of the Romanian economy. At the same time, the presence of Electrica shares in the MSCI Frontier Markets indices, as well as in the FTSE Russell Global All Cap indices, maintains an important position on international markets and brings us closer to MSCI’s recognition as an Emerging Market”, mentioned Radu Hanga, President of the Bucharest Stock Exchange.
“The participation of the European Investment Bank as one of the key investors illustrates Romania’s strategic alignment with the European decarbonization and digitalization objectives. The success of this issue confirms that Romania has viable energy transition projects that are essential for meeting continental climate targets. The massive oversubscription reflects investors’ appetite for financial instruments that support the energy transition and shows that the Romanian capital market can offer sophisticated instruments, with attractive yields and controlled risk profiles, which contribute to the stability of the financial system. On behalf of the Bucharest Stock Exchange, I thank Electrica for the trust placed in our market and congratulate everyone involved – investors, financial partners, consultants and the BVB team – for the joint effort that made this success possible!”, said Remus Vulpescu, General Manager of the Bucharest Stock Exchange.