The secured funds are expected to support planned investments for the current regulatory period and the region's broader energy transition ambitions.
The financing syndicate includes BCR, Erste Group Bank, BRD Groupe Societe Generale S.A, UniCredit Bank, Banca Transilvania, Alpha Bank, PKO Bank Polski Warsaw Bucharest Branch, and Siemens Financial Services through Siemens Bank.
DEO's key investments will focus on network expansion for better prosumer and renewable energy connectivity, network modernisation and automation to decrease power outages, and digitalising operations for improved electricity distribution and customer experience.