The Electrica green bond has made history as Romania’s first corporate green bond. The firm got €500 million in a sale that had a lot of interest from investors, which was more than 10 times the final price. The European Investment Bank (EIB), which is a major participant in sustainable finance, was one of the purchasers. Both the Luxembourg and Bucharest stock markets record this offering.
Funds from the Electrica green bond will be used to improve the company’s capacity to generate and store renewable energy. By 2030, the firm wants to be able to produce 1,000 megawatts of renewable energy and store 900 megawatt-hours (MWh) of power. These initiatives are part of Electrica’s Green Financing Framework, which is a program that helps the firm keep its promise to be environmentally friendly.
A big deal for Romania
The issuing of green bonds by Electrica is viewed as a turning moment for the Romanian financial sector, having effects both in Romania and throughout the world. Ioannis Tsakiris, the EIB’s Vice-President, said that this operation shows how finance and sustainability are coming together. “This operation is a breakthrough for the Romanian market,” he said, stressing how important it is to put money into projects that are good for the environment in order to boost the economy and combat climate change at the same time.
Big plans for the future
Alexandru Chiriță, the CEO of Electrica, said that this issuance was a big success and that it was a turning point for the firm and the national energy sector. He remarked, “The success of this operation shows our corporate discipline, openness, and ability to act quickly, and it sends a strong message to international financial markets about Romania’s potential in sustainable financing.”
Fitch Ratings gives Electrica green bond a BBB grade and says it will mature in five years. The interest rate is 4.566%. The Commission de Surveillance du Secteur Financier in Luxembourg gave its approval for this issue on July 10, 2025.