Tag: Transelectrica

Transelectrica halved profit expectations for 2021 – Romania, 21 September 2021

Romanian electricity transmission system operator Transelectrica has decreased the profit forecast for this year to 8.3 million euros down from the initial estimate of 18.4 million euros, pointing to the high electricity price among the reasons for the revision. The high electricity price pushed Full article available for subscribers of Energy NEWS service (PDF publications, […]

First applications for financing projects via Modernization Fund submitted – Romania, 15 September 2021

Romanian Ministry of Energy has sent to the European Investment Bank (EIB) the first applications for financing from the budget of the Modernization Fund of several strategic projects in the energy sector. The Ministry of Energy, as the competent authority for the management and development of th Full article available for subscribers of Energy NEWS […]

Moody’s affirms Transelectrica’s Ba1 rating, with positive outlook – Romania, 27 August 2021

Romanian electricity transmission system operator Transelectrica obtained, for the fourth consecutive year, the Ba1 Corporate Family Rating (CFR) with a positive outlook, from the ratings agency Moody’s. The statement from the company said that it managed to keep its rating due to its monopoly in Full article available for subscribers of Energy NEWS service (PDF […]