In Romania, Premier Energy Group leads the way in renewable energy aggregation services, offering solutions covering approximately 900 MW of capacity. This includes both proprietary generation assets and contracted supply agreements with third-party providers, solidifying our position as a key player in the dynamic energy sector.
Through our group companies, we expand our services to include asset management solutions. These encompass a full range of outsourcing services, from administrative and contract management to reporting, budgeting, and forecasting.
In Moldova, we are the premier renewable energy supplier and aggregator, boasting a substantial 22% share of the installed renewables capacity.
Aligned with the UN Sustainable Development Goals and Europe's Green Deal initiatives, our business strategy prioritizes sustainability and environmental responsibility. With renewable energy generation capacity in Romania and a significant presence in Moldova, we are committed to driving the transition to cleaner, greener energy solutions.
In Romania, it operates 116 distribution concessions, (out of which 21 are greenfield concessions). Distribution concessions are located around Bucharest and the Southern and Western parts of Romania and operate a distribution network of over 3,600 km. Being in the process of expanding the network, it aims to increase the network length by approximately 400 km by the end of 2026.
Focused on the quality of its pipelines, a vast majority of capital expenditure has been for pipelines including Polyethylene 100, a material which makes approximately 80% of the pipeline compatible with a potential hydrogen distribution in the future.
Also, the modernization efforts have reduced defects and gas leakages.
In 2023, Premier Energy Group distributed 2,319,693 MWh of natural gas, to over 150.000 consumption points.
Premier Energy Group supplies gas to both household and non-household free-market customers. As a component of its “business-to-business” sales activity to key account and middle-market customers, it also sells gas to customers who are connected to other distribution networks or directly to the national transport system.
In 2023, Premier Energy Group suuplied appoximately 6 TW of natural gas to over 115,000 customers.
Its electricity distribution network includes more than 35,700 km of electrical lines and cables 1,800 km lines of high voltage, 14,561 km lines of medium voltage, and 19.381 km lines of low voltage. The network consisted of 933,032 meters installed and it comprised over 947.615 distribution points, 95 substations, 7.761 transformer centers, and 9.596 high voltage, medium voltage, and low voltage transformers, and in 2023 distributed 2,830 GWh of electricity.
It is the largest electricity supplier in the country, according to the National Agency for Energy Regulation of the Republic of Moldova. Throughout the country, it supplies electricity for both household and non-household customers, and in 2023, supplied 2,871 GWh of electricity to its consumers.