Hidroelectrica stock falls 2.43 percent as storage expands

Hidroelectrica stock traded at RON 176.80 on September 28, 2026, at 4:15 p.m. EEST, down 2.43 percent on the Bucharest Stock Exchange. The latest company investment gives the market a concrete strategic marker: a battery storage project worth RON 296.8 million.

Storage adds 64 MW

According to BVB in a company announcement dated September 10, 2026, Hidroelectrica awarded the Portile de Fier II battery storage contract for RON 296.8 million. The project will provide 64 MW of installed power and 434.76 MWh of storage capacity.

The project also includes RON 43.4 million of Modernization Fund financing, according to MarketScreener. That combination links the investment to both portfolio flexibility and external project support.

Profit growth meets a lower target

Hidroelectrica's first-half net profit rose 62 percent for the six months ended June 30, 2026, as listed by MarketScreener. The comparison matters because it shows earnings momentum alongside the company's move into storage rather than relying only on hydro generation.

The same MarketScreener page lists an average analyst target of RON 134.11 against a last close of RON 177.60 on September 11, 2026, with a consensus rating of Underperform from 11 analysts. The target is materially below that reference close, creating a clear counterweight to the 62 percent profit increase and the new investment program.

Hidroelectrica stock stays under pressure

The RON 176.80 price and 2.43 percent daily decline on September 28, 2026, show that the stock's market reaction was weaker than the company's operational expansion story. For investors, the key tension is now visible in the numbers: rising first-half profit and a RON 296.8 million storage commitment on one side, against a RON 134.11 average target on the other.