ANRE withdrew IBN Energy’s license after the supplier failed to provide guarantees worth 3.5 million lei

The National Energy Regulatory Authority (ANRE) withdrew IBN Energy S.R.L.’s electricity supply license after the company failed to provide financial guarantees worth more than 3.5 million lei and did not meet its obligations to the market. The decision does not affect consumers, as the company had no final customers in its portfolio.

According to ANRE, between August 1 and 7, 2025, IBN Energy recorded a significant negative imbalance and placed orders on the Intraday Market without sufficient guarantees. The company had guarantees of only 150,000 lei, while the required amount was 3,522,276.50 lei. The guarantee had still not been provided by the August 26, 2025 deadline.

The supplier failed to pay its obligations to the Romanian Commodities Exchange, while ANRE’s inspection team found no activity at the registered headquarters. The company did not respond to the authority’s requests for months and failed to notify it of a change in its shareholding structure and legal representative, registered with the Trade Register in August 2025.

Before withdrawing the license, ANRE imposed three sanctions: a warning in March 2026, a fine of 5,000 lei in May, and total fines of 120,000 lei in August for four contraventions. The authority found that the situation could no longer be remedied. IBN Energy operated only between February and August 2025.