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Romanian electricity and natural gas distributor Delgaz Grid, a member of the German group E.ON, plans to invest around 2.2 billion euros in the networks it manages by 2030. BalkanEngineer.com has learned from SeeNews.com.
In 2023, the company's investment budget will reach 185 million euros, which is a growth of 36% over the year. From the planned budget until the end of the decade, the company will attract 700 million euros from European funds, and the remaining 1.5 billion euros will be provided from its own sources.
Delgaz Grid operates a natural gas network of over 24,000 km in 20 counties and an 83,000 km electricity network in six counties, in Northern and Western Romania. Between 2021 and 2022, Delgaz Grid is investing 265 million euros in Romania.