Finance
Premier Energy to Buy Macquarie's Romanian Power Distribution Network for $824 Million
Published by Global Banking & Finance Review®
Posted on April 17, 2026
1 min readLast updated: April 17, 2026
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Premier Energy, listed in Budapest, will acquire Macquarie’s Distributie Energie Oltenia power distribution network in SW Romania for about €700 million (US $824 million), closing expected in H2 2026.
Premier Energy Acquires Macquarie’s Power Network in Romania for $824 Million
Premier Energy's Strategic Acquisition of Distributie Energie Oltenia
Deal Overview and Financial Details
April 17 (Reuters) - Budapest-listed Premier Energy has agreed to buy Evryo Group's power distribution network from Australia's Macquarie for about 700 million euros ($824.39 million), the companies said on Friday.
About the Acquisition
The European energy provider will acquire control of Distributie Energie Oltenia, a regulated electricity distribution network active in the south-western Romanian region of Oltenia, from Macquarie's asset management arm.
Financing the Transaction
Premier Energy said it is considering a potential bond offering to fund all or part of the deal, which is expected to address the current gap in electricity distribution within the company's principle market, Romania.
Timeline and Additional Information
Expected Closing Date
The transaction is expected to reach financial close in the second half of 2026, the companies said in separate statements.
Currency Exchange Rate
($1 = 0.8491 euros)
Reporting Credits
(Reporting by Sneha Kumar in Bengaluru; Editing by Janane Venkatraman and Subhranshu Sahu)
Key Takeaways
- •The acquisition expands Premier Energy’s footprint into regulated electricity distribution, addressing a network gap in Romania’s home market.
- •Directorate may fund the deal via a bond offering; closing expected in second half of 2026.
- •Distributie Energie Oltenia operates across seven counties in Oltenia, with ~87,725 km grid and 1.5 million customers, reinforcing Premier’s integrated energy platform in SE Europe.
Frequently Asked Questions about Premier Energy to buy Macquarie's Romanian power distribution network for $824 million
1What company is Premier Energy buying in Romania?
Premier Energy is buying Distributie Energie Oltenia, a regulated electricity distribution network in Oltenia, Romania.
2Who is selling the Romanian power distribution network?
Australia's Macquarie, through its asset management arm, is selling the network.
3How much is the Premier Energy and Macquarie deal worth?
The deal is valued at about 700 million euros, or approximately $824 million.
4When is the transaction expected to be finalized?
The financial close for the transaction is expected in the second half of 2026.
5How will Premier Energy fund the acquisition?
Premier Energy is considering a potential bond offering to fund all or part of the deal.
