Romanian utility Societatea Energetica Electrica SA (<a href="https://m.bvb.ro/FinancialInstruments/Details/FinancialInstrumentsDetails.aspx?s=EL" target="_blank">BSE:EL</a>), or Electrica, has secured roughly EUR 3.4 million (USD 3.8m) in European funds to support the installation of a 69.9 MWh of battery storage capacity in the Transylvania region of its home country.