EBRD supports major wind farm in Romania
Romania, Nov. 6 -- The European Bank for Reconstruction and Development (EBRD) is providing a senior loan of up to €31.9 million to Midmar Callatis, a wholly-owned project subsidiary of Rezolv Energy, to finance the construction and operation of Dunarea East, which will be one of Romania's largest wind farms. This loan forms part of a broader senior financing package of up to €367 million.With an installed capacity of 292.5 MW, the wind farm is expected to generate 673 GWh of renewable electricity annually, equivalent to the annual electricity needs of around 600,000 people. The project will account for around 4 per cent of Romania's 2030 onshore wind capacity target, supporting the country's energy security and decarbonisation ...
To read the full article or to get the complete feed from this publication, please
Contact Us.