Premier Energy Group has announced the acquisition of Evryo Power and Distribuție Energie Oltenia in a deal valued at €700 million, according to Forbes. The transaction marks the company’s entry into the electricity distribution segment and strengthens its integrated business model in Romania.
The acquisition is made from funds managed by Macquarie Asset Management and involves the full takeover of Felix Distribution Holdings.
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Expansion across the value chain
Through this move, Premier Energy adds distribution to its existing production and supply operations.
Strategic infrastructure assets
Distribuție Energie Oltenia operates one of Romania’s largest distribution networks, covering approximately 80,000 km and serving 1.5 million customers.
Financing structure
The company is considering a bond issuance under a bridge-to-bond structure to finance the deal.
The transaction is subject to shareholder approval on June 10, 2026, and regulatory clearance, with closing expected in the second half of the year.
Photo: Ziarul Bursa
