Liberty Galati has signed a memorandum of understanding with Romanian energy company Electrica to jointly develop renewable energy generation and storage facilities at its steelworks site.
The agreement covers the installation of up to 500 MW of photovoltaic capacity, along with energy storage systems, on land owned by Liberty Galati. The project is designed to maximize on-site self-consumption, enhance supply reliability, and reduce long-term energy costs.
The initiative aims to support sustainability objectives within Romania’s energy-intensive industrial sector.
Liberty Galati, Romania’s largest integrated steel producer, was acquired by Liberty Steel Group, part of GFG Alliance, in 2019. The company is currently undergoing pre-insolvency proceedings, with an international auction for its core assets expected around March 2026. Interested parties reportedly include JSW Steel, Metinvest, and Romania’s UMB Grup.
The Galati plant has an annual production capacity of 3 mln tons, though output has declined in recent years due to high energy costs and market volatility. The facility primarily produces flat steel products and welded tubes.
