What Evryoin does

Evryo (formerly CEZ Romania, rebranded April 2024) is an integrated Romanian energy group that operates across electricity distribution, supply, and renewable generation. Its regulated distribution franchise, Distributie Energie Oltenia (DEO), runs the third-largest electricity distribution network in Romania, spanning approximately 80,000 kilometers across seven southwestern counties (Arges, Dolj, Gorj, Mehedinti, Olt, Teleorman, and Valcea) and serving roughly 1.5 million customers. The group supplies electricity and natural gas to residential, commercial, and industrial customers via Evryo Power and operates Customer Relations Centers in multiple cities alongside digital channels (My CEZ portal, Info Line 0251 929, online chat).

The group's generation portfolio historically comprised Romania's largest operational onshore wind farm at 600 MW (240 GE turbines across Fântânele, Cogealac, and Grădina communes in Dobrogea) plus approximately 22 MW of hydroelectric capacity through TMK Hydroenergy Power, including the country's first large-scale floating photovoltaic system at Grebla Lake (1,000 kW). Evryo holds an international patent (USPTO) for a wind turbine blade alignment measurement system and a pending European Patent Office filing for optimization technology. Over 1,800 employees operate across nine counties.

Revenue is generated through regulated ANRE distribution tariffs (subscription/recurring) for the network monopoly, market-based supply pricing for electricity and gas, and renewable generation output. The group is currently owned by Macquarie Asset Management (since March 2021) and is undergoing acquisition by Premier Energy (backed by EMMA Capital) for approximately EUR 700 million, expected to close in H2 2026. In 2024, PPC Group acquired the renewable generation portfolio in a prior carve-out transaction. The company has committed to Net Zero Scope 1 and 2 emissions by 2040, with a 50% reduction interim target by 2030 aligned to SBTi guidelines.

Name

Evryoin

Legal name

Evryo Power S.A.

Website

https://evryo.ro

Company type

Private

Founded year

2005

Operating status

Operating

Headcount range

251–500 employees

Short description

Evryo is a Romanian integrated energy group operating the country's third-largest regulated electricity distribution network (Distributie Energie Oltenia, ~80,000 km, 1.5M customers across seven counties) alongside electricity/gas supply and renewable generation, currently owned by Macquarie Asset Management and pending acquisition by Premier Energy for EUR 700M in 2026.

Ownership category

akta.pro rank

Product category

Electric Utility Services

NAICS

Electric Power Generation, Transmission and Distribution (2211), Wind Electric Power Generation (221115), Hydroelectric Power Generation (221111), Solar Electric Power Generation (221114)

SIC

Electric Services (4911), Cogeneration Services & Small Power Producers (4991)

akta.pro primary industry

Network Upgrades & Capacity Additions (Reconductoring, Rebalancing, Voltage Optimization) (EUAEACAN)

Keywords

• Electricity distribution services
• Renewable energy generation
• Electricity and gas supply
• Wind power generation
• Hydroelectric power generation

Headquarters

HQ city

Bucurestii Noi

HQ country

Romania

HQ region

Europe

Offices5 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Infrastructure, Personnel, Operations, Technology or R&D, Marketing or Sales, Supply Chain

Revenue model

1. Regulated Electricity Distribution: Regulated electricity distribution through Distributie Energie Oltenia network spanning approximately 80,000 kilometers serving southwestern Romania.
2. Electricity and Gas Supply: Supply of electricity and natural gas to residential and business customers across operational regions.
3. Renewable Energy Generation: Generation of renewable energy through wind farms (600 MW capacity), hydroelectric systems (approximately 22 MW), and floating photovoltaic systems.
4. Energy Services: Services including prosumer connections, smart meter management, and energy efficiency solutions for customers.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels7 records

Core offering

Evryo is an integrated Romanian energy group that operates regulated electricity distribution through its Distributie Oltenia network (third-largest in Romania, ~80,000 km, ~1.5 million customers across 7 counties), generates renewable electricity through the 600 MW Evryo Wind Farm and a ~22 MW hydroelectric/floating-PV system, and supplies electricity and natural gas to residential and business customers via Evryo Power.

Product overview

Evryo is a Romanian energy group (formerly CEZ Group in Romania) operating as an integrated energy company with three core business segments: regulated electricity distribution through Distributie Oltenia serving 1.5 million customers across 7 counties, renewable energy generation through the 600 MW Evryo Wind Farm and TMK Hydroenergy Power's hydroelectric system (including the innovative Grebla Lake floating solar plant), and energy supply services via Evryo Power. The group employs over 1,800 people across six operating companies and has set a Net Zero emissions target for 2040. Recent developments include the 2024 rebrand from CEZ Romania and the 2026 pending acquisition of Evryo Group by Premier Energy for approximately EUR 700 million.

Differentiator

Problem solved

Functional benefit

Brands

• Energie pentru bine: CSR platform for community involvement initiatives covering education, environment, health & wellbeing, and regional development.

Products and services

• Distributie Oltenia (DEO) - Regulated Electricity Distribution Service Regulated electricity distribution service spanning approximately 80,000 kilometers across 7 southwestern Romanian counties (Argeș, Dolj, Gorj, Mehedinți, Olt, Teleorman, Vâlcea), serving approximately 1.5 million customers. Operated by Distributie Energie Oltenia S.A. with ANRE-regulated tariffs.
• Evryo Power - Electricity and Natural Gas Supply Competitive electricity and natural gas supply service for residential, commercial, and industrial customers in southern and southwestern Romania, with prosumer connection, smart meter management, and energy efficiency solutions.
• Evryo Wind Farm - Renewable Wind Generation (600 MW) Renewable wind energy generation asset with 600 MW installed capacity comprising 240 GE turbines of 2.5 MW each, producing over 1,300,000 MWh annually on average. Operated by Tomis Team, MW Team Invest, and Ovidiu Development companies.
• TMK Hydroenergy Power - Hydroelectric Generation System Hydroelectric power generation system with approximately 22 MW installed capacity across four plants (Grebla, Crainicel 1, Crainicel 2, Breazova) operated by TMK Hydroenergy Power near Reșița, producing renewable electricity for the Romanian grid.
• Grebla Lake Floating Photovoltaic Plant Romania's first large-scale floating solar photovoltaic installation with 1,000 kW installed capacity on a 30,420 m² water surface at Grebla Lake, producing over 1 million kWh annually and reducing CO2 emissions by over 300 tonnes per year.
• Breazova 2 Micro-Hydropower Plant Micro-hydropower station on the Valiug dam footer with 0.367 MW installed capacity, producing approximately 1,600 MWh annually, partially funded by Norwegian Financial Mechanism grants.

Quantifiable outcome

• Annual green energy production: over 1,300,000 MWh from wind farm
• +4 more outcomes

Named customers8 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

15 partnerships are on record, tiered core, minor and major.

• Premier EnergycoreStrategic or Co-development Partner · 21 April 2026Premier Energy (backed by EMMA Capital) is acquiring Evryo Group from Macquarie Asset Management for approximately EUR 700 million. The acquisition includes Distributie Energie Oltenia (third-largest electricity distribution network) and Evryo Power. Transaction subject to shareholder approval and regulatory clearances, expected to close in H2 2026.
• SmartAtleticminorGTM or Marketing Partner · 24 August 2024Event management partner for Maratonul Olteniei 2024 sports event implementation.
• Primaria Municipiului Ramnicu ValceaminorGTM or Marketing Partner · 24 August 2024Local government partnership for Maratonul Olteniei event in Ramnicu Valcea.
• Consiliul Judetean ValceaminorGTM or Marketing Partner · 24 August 2024County council partnership for Maratonul Olteniei event.
• PPC Group (Public Power Corporation)coreStrategic or Co-development Partner · 6 August 2024PPC Group agreed to acquire Evryo's renewable energy generation portfolio including the 600 MW Evryo Wind Farm (operated by Tomis Team, MW Invest, Ovidiu Development) and hydroelectric system operated by TMK Hydroenergy Power. Transaction expected to close by end of 2024.
• Innovation NorwaycoreStrategic or Co-development Partner · 28 May 2024Partnership for Grebla Lake Floating Photovoltaic Plant project. Innovation Norway provided co-financing of over 640,000 EUR through the Norwegian Financial Mechanism 2014-2021 Energy Programme in Romania, Call 3.1.
• Rogalski DamaschinmajorGTM or Marketing PartnerCommunication agency partnership of over 10 years, responsible for brand strategy development, new identity (Evryo), and rebranding campaign execution.
• ASPEN (Institute)minorOthersTop-level member affiliation with ASPEN (Institute) for strategic dialogue and policy engagement.
• AmCham (American Chamber of Commerce in Romania)minorOthersTop-level member affiliation for business networking and international trade relations.
• CEO Club RomaniaminorOthersTop-level member affiliation for executive networking and leadership dialogue.
• Federatia ACUEminorOthersMember of ACUE Federation (Association of Electricity Utilities) for industry representation.
• Romanian Wind Energy Association (RWEA)minorOthersMember for wind energy sector representation and policy advocacy.
• EurelectricminorOthersEuropean electricity industry association membership for international regulatory engagement.
• Fundatia Comunitara ValceaminorStrategic or Co-development PartnerPartnership for 'Generatorii de Bine' CSR project - supporting employee volunteers in community initiatives across 9 counties.
• Casa Buna AssociationminorStrategic or Co-development PartnerPartnership for Christmas charity campaign 'Impodobeste o fapta buna' bringing gifts to over 450 children from local communities.

Scale indicators11 records

Recent moves9 records

Expansion highlights5 records

Direct peers

• Hidroelectrica: Romania's largest hydroelectric power producer and a listed company on the Bucharest Stock Exchange. Comparable to Evryo's TMK Hydroenergy Power operations and significant player in Romanian renewable generation.
• E.ON Romania: German utility E.ON's Romanian distribution and supply operations, serving customers across northern and western Romania. Direct competitor in Romanian electricity distribution with similar regulated business model.
• Enel Romania: Italian utility Enel's Romanian subsidiary, operating electricity distribution and supply in multiple Romanian regions. Direct competitor in the Romanian electricity market with comparable regulated distribution and supply business.
• Electrica SA: Romania's largest listed electricity distributor and supplier, operating regulated distribution networks across multiple regions with millions of customers. Most direct comparable for Evryo's Distributie Energie Oltenia business model and Romanian market exposure.
• Premier Energy Group: Romanian energy supplier and distribution group backed by EMMA Capital, already acquired CEZ Vanzare from Evryo in December 2023. Currently acquiring Evryo Group for ~EUR 700M, making it the closest peer and strategic acquirer with overlapping customer base in southern Romania.
• PPC Group (Public Power Corporation): Greek integrated utility that acquired Evryo's renewable energy portfolio (600 MW wind and hydro) in 2024. Now operates Evryo Wind Farm and TMK Hydroenergy Power, making it a direct peer in the Romanian energy market and a major SE European utility.

Regional players

• Transelectrica: Romanian electricity transmission system operator and listed company. Comparable as a regulated Romanian grid infrastructure operator, though at the transmission (not distribution) level, providing context for grid economics in Romania.
• Romgaz: Romania's largest natural gas producer and a major listed company. Comparable as a Romanian state-linked energy major with a footprint in the same regulatory environment and overlapping gas supply customer base.

Broad incumbents

• Engie Romania: French utility Engie's Romanian operations focused on natural gas distribution and supply, plus electricity supply. Comparable as a major foreign utility operating in Romania with a regulated and supply mix similar to Evryo Power.
• CEZ Group: Czech integrated utility and original parent of Evryo (formerly CEZ Romania) until 2021. Operates generation, distribution, and supply across Central Europe, providing strategic context for Evryo's history and prior corporate structure.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/energiepentrubine
• LinkedInlinkedin.com/company/evryo

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Evryoin