EBRD supports energy security in Romania
The European Bank for Reconstruction and Development (EBRD) is supporting energy security in Romania by lending €37 million to Distribuție Energie Electrică Romania SA (DEER), Romania’s leading electricity distribution network operator.

The Bank’s investment will finance the company’s liquidity needs to cover for the increased cost of electricity purchases required for network losses. This would enable DEER to continue the distribution of electricity to Romanian consumers without interruptions and to continue investments in the electricity grid so as to cope with integration of additional renewables generation.