Hidroelectrica rejects claims of false information on Jiu River hydropower project note

Reuters2026/07/29 12:35

By:Reuters

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Hidroelectrica rejected claims that it circulated false information on the Jiu River Livezeni–Bumbești hydropower project.
It said the disputed document was an information note to shareholders on Supervisory Board Resolution No. 92/2024, not a project update.
The technical and economic indicators cited were adopted in December 2024, before Environmental Agreement No. 2 was issued on June 17, 2025.
Technical expert assessments to update the project documentation were completed in June 2026; a new feasibility study is being drafted.
Updated indicators will follow internal and legal approvals, then be presented to shareholders; the project will proceed under the environmental agreement.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Societatea de Producere a Energiei Electrice in Hidrocentrale Hidroelectrica SA published the original content used to generate this news brief on July 28, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Hidroelectrica rejects claims of false information on Jiu River hydropower project note

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