EBRD backs largest solar plant in EU
Romania, Oct. 1 -- The European Bank for Reconstruction and Development (EBRD), one of the core banks supporting Romania's energy security and green transition, is providing a €21.1 million senior secured loan as part of facilities worth €561 million to finance the construction and operation of the country's Dama Solar project, which will have peak capacity of 1.3 GW.Once completed, the facility will be the largest renewable energy installation financed by the EBRD to date and the largest solar park in Europe. It will make a major contribution to Romania's energy transition, energy security and biodiversity goals.The Bank is providing financing alongside a consortium of more than 10 commercial lenders as well as the Internationa...
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