Premier Energy to buy Romanian power grid for $824m
Premier Energy will acquire the Distributie Energie Oltenia power network from Macquarie for 824 million dollars. The deal is expected to close in late 2026.
Xurve View
Insights:
Xurve View
PREMIER ENERGY PLC agreed to acquire the Romanian power distribution network of MACQUARIE GROUP LTD for approximately $824.39 million, or about 700 million euros. The deal secures control of Distributie Energie Oltenia, a regulated electricity network serving the south-western region of Romania. The acquisition addresses a distribution gap in Premier Energy's primary market while shifting Australia-based Macquarie's regional asset portfolio.
