Societatea Energetica Electrica SA 2024 AR2

The report highlights Electrica Group's performance in 2024, marking its first integrated report combining financial and non-financial performance. The company achieved a consolidated net profit of RON 376.5 million, exceeding its target by over 42%, and reached an all-time high share price of RON 16.30 on the Bucharest Stock Exchange. Electrica secured approximately EUR 450 million from the Modernization Fund for infrastructure upgrades and expanded its renewable energy portfolio by acquiring Foton Power Energy and New Trend Energy, adding over 130 MW of photovoltaic projects. Additionally, the company established a joint venture, Electrica Esyssoft Smart Solutions, to focus on smart grid technologies and energy storage.

Company: Societatea Energetica Electrica SA

Sector: Utilities

Country: Romania

Year: 2024

Type: AR2

Pages: 752

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Societatea Energetica Electrica SA

Societatea Energetica Electrica SA 2024 Annual Report

Annual Report

The report highlights Electrica Group's performance in 2024, marking its first integrated report combining financial and non-financial performance. The company achieved a consolidated net profit of RON 376.5 million, exceeding its target by over 42%, and reached an all-time high share price of RON 16.30 on the Bucharest Stock Exchange. Electrica secured approximately EUR 450 million from the Modernization Fund for infrastructure upgrades and expanded its renewable energy portfolio by acquiring Foton Power Energy and New Trend Energy, adding over 130 MW of photovoltaic projects. Additionally, the company established a joint venture, Electrica Esyssoft Smart Solutions, to focus on smart grid technologies and energy storage.

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Document Details

Report Year

2024

Reporting Period

Jan 1, 2024 - Dec 31, 2024

Fiscal Year

2024

Type

Annual Report with Sustainability Disclosures

Language

English

Pages

 

File Size

 

Standards & Assurance

Reporting Standards

Materiality Assessment

Assurance

Assurance Provider

Assurance Standard

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

Emissions

Scope 1:

Scope 2:

Scope 3:

Energy Consumption

Renewable Energy

Women on Board

Women in Management

Workplace Fatalities

Net Zero Target

Employees