EBRD finances €34 million for major solar projects in Romania
Romania, Feb. 16 -- The European Bank for Reconstruction and Development (EBRD), which has been instrumental in supporting Romania's?renewable?energy?ambitions, is providing a senior secured loan of up to €34 million to Solar World SRL, RB Solar Energy SRL and Energie Soleil SRL for the development, construction and operation of two solar power plants in the southern part of Romania.The project will be co-financed by the European Investment Bank (EIB) with a senior loan of up to €34 million and by Banca Comercial? Roman? (BCR) with a senior loan of up to €17.5 million.The three new Romanian companies are 65 per cent owned by Norway-based renewable energy developer Scatec ASA, with the remaining 35 per cent held by Turkish ...
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