| Project Detail |
Location:
Regional
Project number:
55333
Business sector:
Energy
Notice type:
Private
Environmental category:
B
Approval date:
10 Apr 2024
Status:
Disbursing
PSD disclosed:
27 Jun 2024
An equity investment of RON 77.1 million (EUR 15.5 million) in the initial public offering ("IPO") of Premier Energy PLC ("Premier" or the "Company"), one of the fastest growing private integrated energy players in southeastern Europe, with operations in Romania and Moldova. The EBRD subscribed to 10.99% of the newly issued shares in the IPO, representing a 3.2% total ownership stake in the Company. Premier Energys shares are listed on the Bucharest Stock Exchange (BSE) and began trading on 28 May 2024.
Project Objectives
To support the Company in raising funds for renewable energy expansion and to contribute to local capital market development in Romania. The IPO proceeds will be exclusively directed towards expanding Premiers renewable energy generation capacity, both organically, and via acquisition of renewable projects and operating plants located primarily in Romania and Moldova. |
