Adrem signs agreement with ROCA Investments for sale of 20 percent stake

Adrem, one of the most important players in the energy services sector in Romania, announced an agreement with private equity investor ROCA Investments, for a 20 percent minority stake. The transaction will be subject to the approval of the Competition Council and other competent authorities.

Corneliu Bodea, CEO of Adrem, stated: “We will invest in projects that support the modernization of energy infrastructure, energy efficiency and the use of clean energy sources. Together with the current management team of the group, we are confident that by attracting this partner to the company’s shareholders, we will further strengthen our commitment to the transformation of the energy industry and the sustainability of our society.”

“ROCA Investments redefines investments through a vision focused on sustainable development, regional scaling and positive economic impact. Adrem perfectly embodies these directions, being a business built on solid entrepreneurial foundations, with a clear and future-oriented vision. We have undertaken to contribute to the development of local companies and their transformation into regional leaders, to create long-term value, investing in strategic sectors of the economy. Therefore, through this agreement, we aim to intensify Adrem’s positive impact in the energy industry, contributing to the development and modernization of this essential sector for the Romanian economy.”, added Ionuț Bindea, Senior Investment Manager, ROCA Investments.

Founded in 1992 as a family business with 100 percent Romanian capital, the Adrem group today has 1,600 employees and an extensive network of over 30 offices nationwide. It is recognized for its solutions and services dedicated to the energy field, from complex general entrepreneurship projects for B2B clients to energy efficiency projects for B2C clients. It offers from development, modernization, digitalization and maintenance of electrical networks to smart metering management. At the same time, Adrem develops and offers turnkey efficiency and smart consumption solutions, dedicated to both B2B and B2C segments, such as photovoltaic systems, storage solutions, heat pumps and electric vehicle charging stations.

Adrem intends to use the attracted investments to expand and diversify EPC (Engineering, Procurement, and Construction) projects, support the development of infrastructure dedicated to renewable energy sources and accelerate the digitalization of electricity networks. These will generate growth opportunities, supporting the modernization of energy infrastructure and strengthening Romania’s energy security.