Hidroelectrica shares reached a new all-time high on Tuesday, closing at 138.40 RON, the highest level since the company’s listing on the Bucharest Stock Exchange on July 12, 2023. At this price, Hidroelectrica’s market capitalization stands at 62.3 billion RON.
Between September 1, 2025 and January 27, 2026, Hidroelectrica’s share price recorded an increase of approximately 14%, reflecting sustained and growing investor interest in the company’s investment and development strategy, financial stability, and favorable medium- and long-term prospects.
Over the same period, the company’s market capitalization rose by around 14%, from 54.7 billion RON to 62.3 billion RON, positioning Hidroelectrica as the second-largest Romanian company by market capitalization.
“The positive performance of the share price reflects both Hidroelectrica’s results and the market’s confidence in the proposed investment and development plan. Since taking over the CEO mandate in September 2025, Hidroelectrica’s share value has increased significantly, confirming that the decisions undertaken, the strategic projects launched, and the commitment to responsible and transparent governance create tangible value for both shareholders and the national energy system,” said Bogdan Badea, President of the Management Board of Hidroelectrica.
According to the company, this stock market performance is supported by the approval of several major strategic initiatives at the Extraordinary General Meeting of Shareholders held on January 27, 2026. Among these is the decision by SPEEH Hidroelectrica S.A., together with EDF Power Solutions International, to establish a joint venture company, structured as an equal partnership with a 50% stake held by each party. The Shareholders’ Agreement governing the operation and governance of the joint venture was also approved. The partnership aims to develop the Tarnița Pumped Storage Hydropower Plant, a strategic project of major importance for Romania’s national energy system.
At the same meeting, shareholders also approved the acquisition of legal advisory services related both to the process of increasing the share capital of SPEEH Hidroelectrica S.A. and to the company’s objective of acquiring, upon commissioning, the Frasin–Pângărați pumped storage hydropower plant, with an installed capacity of 300 MW. The project is to be developed and built by Hidro Blue Energy SRL.
Hidroelectrica is Romania’s largest electricity producer and the main provider of system services. The company owns and operates 188 hydroelectric and micro-hydroelectric power plants (including five pumping stations), with a total installed hydropower capacity of approximately 6.3 GW, as well as a wind power portfolio with a total installed capacity of 108 MW.