Ciga Energy Epic Signs Contract for 295 MW Natural Gas Power Plant in Craiova

FOR IMMEDIATE RELEASE

Ciga Energy Epic Signs Contract for 295 MW Natural Gas Power Plant in Craiova

Bucharest, Romania – February 16, 2024 – Ciga Energy Epic, a distinguished member of the RCI Holding of companies, proudly announces our new partnership with Electrocentrale Craiova S.A. (CCGT Craiova) to provide Owner’s Engineer Services for the construction of a 295 MW natural gas power plant in Craiova. This collaboration signifies a significant leap forward in Romania's energy infrastructure, highlighting our steadfast commitment to bolstering the nation's electricity supply reliability.

The consortium for this project comprises Ciga Energy Epic S.A. as the lead partner, along with RomCapital Invest S.A., SS&A Power Consultancy AG, SS&A Power Consultancy doo, and Compania de Consultanță în Energie și Mediu S.A. as a subcontractor.

The project will unfold in three distinct phases. Phase I focuses on preparatory activities, including analysis and optimization of the Feasibility Study, and the preparation of procurement documents for selecting the EPC Contractor. Phase II will involve implementing services such as analyzing and approving technical documentation, preparation of the Supervision Manual, and providing supervision services and project management. Phase III will cover warranty phase services, including assistance during the Warranty Period of the natural gas power plant.

Ciga Energy Epic’s Managing Partner, Mihai Ludovic Demeter expressed his enthusiasm for the project, emphasizing the company's dedication to delivering exceptional consultancy services. He highlighted the significance of this collaboration in advancing Romania's energy sector, stressing the commitment to excellence and innovation.

About Ciga Energy Epic

Ciga Energy Epic, a member of the RCI Holding of companies, is a dynamic provider of engineering services, offering a comprehensive suite of solutions tailored to meet the diverse needs of our clients. Specializing in large energy projects, we cover a broad spectrum ranging from traditional energy generation ventures to cutting-edge renewable sources such as solar, wind, and hydrogen. Our main services include conducting technical and economic due diligence for both renewable and classic energy projects, preparing essential documentation for project development, delivering owner engineering services, and offering invaluable EPC support. With a team of highly skilled professionals, we bring a wealth of expertise to every project we undertake.

About RCI Holding

RCI Holding, a conglomerate of 17 companies founded in 2000 and based in Bucharest, Romania, is a major player in the Engineering, Technology, Financial, and Energy markets. With over 250 permanent employees and 500 collaborators, the holding operates through subsidiary offices in Athens, Greece, and Chisinau, Moldova. Actively engaged in diverse projects across Romania, Greece, Poland, Hungary, Czech Republic, Slovakia, Bulgaria, North Macedonia, Serbia, Ukraine, and the Republic of Moldova, RCI Holding boasts an annual turnover of 55 million Euro. With a remarkable track record, the holding has successfully delivered more than 2,500 implemented projects, managing an investment value exceeding 16 billion Euro.

Ciga Energy Epic

Mihai Ludovic Demeter

Managing Partner

+40 733 787 738

mihai.demeter@cigaepic.ro