This company, in which Electrica will hold 25% of the share capital and EsyaSoft 75% will build production units for green energy equipment, as well as electricity storage solutions and digitalization solutions for the electricity distribution network (smart meters). 

The project also includes the development and operation of an infrastructure for charging electric vehicles. The new business segments intend to meet the growing demand at national and European levels. They will generate new jobs, and at the same time will benefit directly and indirectly all the core activities of the Electrica Group. The financing method will be regulated by a Shareholders' Agreement (SHA), the initial amount foreseen by the parties being €100 million, the contribution of the two shareholders being proportional to the owned shares.

"The partnership with Electrica allows us to bring the most advanced green energy technologies to Romania and to amplify our commitment to innovation and sustainability. We aim to significantly contribute to the development of a modern and efficient energy infrastructure that will support the transition to a green economy and generate long-term economic and social benefits. We are confident that this collaboration will add value to both parties and strengthen Romania's position as a regional player in the renewable energy sector," said Bipin Chandra, CEO of EsyaSoft Holding Ltd.