Delgaz Grid, the electricity and natural gas distribution company of the E.ON Romania Group, has successfully signed a 3 billion RON sustainable refinancing facility to support the company’s liquidity needs.

The syndicated loan is designed to enhance Delgaz Grid’s financial flexibility, support its current operational and strategic objectives, and foster the growth of its Regulated Asset Base (RAB).

The transaction refinances the company’s existing facilities, originally signed in 2023, while extending the maturity from three to five years and securing improved terms and conditions. The proceeds will primarily be used to support the modernization and digitalization of Delgaz Grid’s distribution network, including the rollout of smart metering infrastructure.

These investments are expected to improve network reliability, reduce power outages and electricity losses, and facilitate the integration of additional renewable energy capacity, thereby supporting Romania’s energy transition and its 2030 renewable energy targets.

“This successful refinancing reflects the continued confidence of our banking partners in Delgaz Grid’s business model and supports our strategic priorities, including the modernization of energy infrastructure and our contribution to advancing Romania’s energy transition,” said Cristian Secoșan, Chief Executive Officer of Delgaz Grid.