Romania's Electrica commits up to €235M to two cogeneration plants in Craiova

CEE M&A Monitor

Energy infrastructure Romania Investment — not M&A 24 Aug 2026

Romania's Electrica commits up to €235M to two cogeneration plants in Craiova

Electrica's shareholders approved — and the company signed the construction contract for — two gas-fired, hydrogen-ready cogeneration facilities in Craiova: a plant of roughly €157.5M supplying the city's district-heating system (about 82 MW of electrical capacity), and a roughly €65.5M plant serving the Ford Otosan industrial platform. The total investment is estimated at up to €235M excluding VAT.

Our take Not a transaction, but it belongs on the map: CEE is in an energy-infrastructure capex cycle, and money of this size lands locally — in construction, engineering, maintenance and services around every such project. Owners of businesses in those value chains tend to see buyer interest a year or two after the capex wave starts.

Source: The Diplomat Bucharest →Romania Insider →

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