Distributie Oltenia received financing of 193 million RON for investments in electrical networks

At the end of last year, Distributie Oltenia prepared the documents for obtaining financing from the Ministry of Energy for 22 projects, in the counties of Argeș, Dolj, Gorj, Mehedinți, Olt, Teleorman and Vâlcea. On February 14, another 4 projects received the positive approval and a financing of over 193 million RON, the total value of the projects being approximately 250.8 million RON.

“Our investment projects are designed to bring long-term benefits to consumers and facilitate the energy transition towards a green future. We are concerned and treat with the utmost seriousness projects of green transition and the achievement of climate neutrality with particular impact in the energy sector. The projects signed on February 14 took into account trends in distributed generation, increasing the connection capacity of prosumers and local producers, the integration of new consumers for electric vehicle charging stations and, last but not least, energy efficiency through automation and digitalization the distribution network,” said Eugen Butoarcă, CEO Distributie Oltenia.

Distributie Oltenia received a financing of over 193 million RON and invests over 57.8 million RON from its own sources.

The company will continue investments in the distribution network with the aim of minimizing the discomfort created for consumers in its operating area, by submitting funding requests for another 16 projects, worth over 893 million RON.