The companies have announced investments of over 70 billion euro in the Romanian energy sector in the next ten years, most of them in electricity production, said Eric Stab, vice president of the Council of Foreign Investors and CEO of Engie Romania.

He attended an online conference on the energy transition, organized by the FIC.

“Most of this amount, of 31 billion euro, will go to the electricity sector: 26 billion euro in production, including renewable sources, and the remaining 5 billion euro in networks,” said Stab, according to Agerpres.

At the same time, 24 billion euros will go to the natural gas sector, 19 billion in production, including the offshore sector, and the remaining 5 billion in pipelines.

“An amount of 13 billion euro will go towards the renovation of buildings, and 3 billion euro in district heating,” the FIC representative continued.