E.ON invests EUR 90 mln in electricity, gas distribution operations in Romania

Delgaz Grid, the natural gas and electricity distribution company of the German group E.ON in Romania, carried out investments in amount of RON 428 million (over EUR 90 mln) this year, most of the funds being used to modernize the electricity and natural gas distribution networks, the group announced.

The money was enough for upgrading part of the existing networks while network expansion was only marginal.

Delgaz Grid modernized 320 km of its natural gas network and 300 km of its electricity distribution network.

The company operates a natural gas network of over 22,000 km in 20 counties in the northern half of Romania and an electricity network of over 81,000 km in six counties in the Moldova region.

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