Electrica Bids for Craiova Energy Production

ANNOUNCEMENT - 16 March 2026

Electrica submitted a bid within the concession procedure for thermal and electrical energy production in Craiova Municipality

Societatea Energetică Electrica S.A. (Electrica) informs its investors and the capital market about the submission on 9 March 2026 of the technical and financial bid within the public tender procedure organized by Craiova Municipality, having as its object: "Delegation through concession of the thermal and electrical energy production activity, based on cogeneration and/or renewable energy sources in Craiova Municipality"

The concession covers a 12-year contract and involves the construction of a new thermal energy production system for the centralized network (SACET) of the municipality of Craiova, with a solution based on high-efficiency cogeneration and/ or renewable energy sources. The project addresses the city's thermal energy efficiency as well as the requirements imposed by current European legislation (Directive 2023/1791). (details available in the electronic public procurement system SEAP in Romanian only )

The procedure is currently in the bid evaluation phase, with a deadline for submission of the bids set on 9 March 2026. Electrica will inform the market of the final outcome of the procedures as soon as it is officially communicated by the contracting authority, the Municipality of Craiova, in accordance with the transparency and reporting obligations applicable to listed companies.

"This concession represents one of the most significant public procurement procedures in the urban energy sector recently launched in Romania. By participating in this tender, Electrica reconfirms its expansion strategy in production and its commitment to the development of the national energy system. It is a concrete step towards an integrated energy portfolio that serves both cities and large industrial consumers," declared Mr. Alexandru Chiriță, CEO.

Contact IR: [email protected] ; +40731 796 111

CEOAlexandru Chiriță