Enel to invest 329 million Euro in Romania in 2017-2018
Enel has planned investments for a total of 329 million Euro for the current regulatory cycle ending in 2018, of which of over 151 million Euro are due for 2017 and 178 million Euro for 2018. 2017-03-24 09:40:05
"Enel is a major investor in the Romanian energy sector, committed to all the areas which are an integral part of the its overall strategic focus: grids, customers and renewable energy," said Georgios Stassis, country manager of Enel in Romania. "As we progress with our investment plan in network service quality, we are boosting grid automation and enhancing communication channels with customers as well as developing the offer of value-added services."
The company continues its investment programme, which reached over three billion Euro since it entered the Romanian market. Investments in distribution were 1.584 billion Euro during 2005-2016. For 2017, out of the more than 151 million Euro that are being allotted for investment in Romania, as many as 139 million Euro are aimed at distribution networks. The investment will stand even higher in 2018, at 178 million Euro, out of which 168 million Euro to improve grid performance.
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