Premier Energy Group's strategy prioritizes sustainability through renewable acquisitions, resilient energy systems, seizing growth opportunities, and leveraging competitive strengths and strong leadership to enhance shareholder.
Premier Energy Group is seeking to establish itself as a regional leader in green energy by expanding its renewable portfolio in line with sustainable growth and decarbonization efforts. With a focus on acquiring renewable assets in Romania and the Republic of Moldova, it plans to explore opportunities for geographic expansion to capitalize on the transition to renewable energy and decarbonization in other target markets, including primarily Southeast Europe. The objective is to achieve a green energy capacity between 1400-1600 MW by the end of 2026.
Intends to continue acquiring and developing renewable assets or regulated businesses, aligning with its existing business sectors or complementary to them. With its low debt levels and stable capital structure, management is confident in the Premier Energy Group's ability to competitively pursue acquisition opportunities in the future. Its successful history of acquiring and developing previously purchased companies suggests its capability to identify, execute, and integrate acquisitions effectively. In addition, the Group has identified acquisition opportunities, particularly in the renewable energy sector, to achieve the Group's target of 1,400 MW to 1,600 MW of installed renewable capacity owned or under management by 2026.
Premier Energy Group plans to maintain modern and efficient energy assets by investing in Romania and the Republic of Moldova. These investments aim to enhance network resilience and energy efficiency for both operations and consumers. The focus will be on network maintenance, establishing new connection points and upgrades, and implementing network digitalization and automation measures. To improve quality indicators, optimize maintenance costs, and protect the environment, we have implemented several technical measures for the construction and maintenance of existing assets. Moreover, to ensure adequate control of the level of energy losses, we take actions (Loss Reduction Plan) on a yearly basis, particularly through new efficient investments to achieve the planned number of energy losses.
It prioritizes sustainability through green asset acquisitions. The commitment to sustainability and the environment, the ESG factors are at the core of the business goals integrating ESG factors, while being fully aligned to the United Nations Sustainable Development Goals and the EU's Green Deal.
The core objective is to provide safe, affordable, and the maximum amount of clean energy to communities in Romania and Moldova. achieved through investments in green energy assets and continuous improvement of energy efficiency by prioritizing sustainable practices. Additionally, it is committed to creating a safe and healthy work environment, with a focus on employee well-being, and equal opportunities, for all employees in career development, education, training, and benefits.
en
ro