Societatea Energetica Electrica S.A. announced the completion of the competitive procedure for selecting an EPC Contractor and the signing on 10 April 2024, by Sunwind Energy S.R.L., its subsidiary, of an EPC (Engineering, Procurement & Construction) contract for the "Satu Mare 2" project, respectively the implementation of the photovoltaic park, of the 110 kV substation for the beneficiary, as well as their operation and maintenance for a period of 3 years from commissioning, with a total contract value of approximately EUR 19.3 million (excluding VAT). The photovoltaic project "Satu Mare 2" has an installed capacity of 27 MWp and is located in Botiz commune, Satu Mare county, and Electrica informed its investors about its acquisition through the current report dated 24 March 2023. The next steps in this project is to start the actual construction, Electrica estimating its completion and commissioning by the end of 2024, this objective being part of Electrica Group's strategy, by expanding on the electricity value chain, in the area of electricity production from renewable sources.