Global asset manager Macquarie Asset Management has reached an agreement to sell its stake in Evryo Group to Premier Energy Group, in a transaction that reinforces consolidation in the electricity distribution sector in Eastern Europe.
The transaction, expected to close in the second half of 2026 following regulatory approvals, includes key assets such as Distribuție Energie Oltenia (DEO), one of Romania’s leading regulated power grids.
Sale of Evryo Group and its impact on Romania’s power grid
DEO operates more than 80,000 kilometers of power grid in the Oltenia region, supplying approximately 1.5 million customers. Under Macquarie’s management since 2021, the company has seen significant improvements in reliability and operational efficiency.
In addition, investments exceeding RON 2.3 billion executed to date have reduced the duration of unplanned outages by nearly 25%, as well as lowering network losses by similar proportions.
Likewise, an additional investment plan of RON 3.4 billion through 2029 has been established, aimed at digitalization, modernization, and improving occupational safety standards.
Boost to the energy transition and digitalization
One of the most significant aspects of the transaction is DEO’s role in Romania’s energy transition. The grid has enabled the integration of renewable energy and the growth of prosumers, while also supporting the country’s electrification processes.
In parallel, the company has developed transformation programs focused on occupational health and safety, promoting an organizational culture based on more demanding operating standards.
Premier Energy’s regional growth strategy
For its part, Premier Energy Group, a company listed on the Bucharest Stock Exchange, continues to expand its presence in Southeast Europe with this acquisition. The company already has integrated operations in generation, distribution, and supply in Romania, Moldova, and Hungary.
According to statements by its CEO, José Garza, the addition of Evryo Group represents a key step in consolidating its position as a relevant player in the regional energy transition.
Meanwhile, Macquarie notes that the investment has helped strengthen the resilience of Romania’s power system in a context marked by challenges in energy supply.
Source: Macquarie
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