Renalfa IPP closes €315 million Holdco Financing with a club of banks led by EBRD
Austria, July 24 -- Renalfa IPP, a leading independent power producer focused on renewable energy, has secured a landmark €315 million Holdco Financing from a consortium of lenders, including the European Bank for Reconstruction and Development (EBRD), to accelerate the green energy transition in central and eastern Europe.The financing will support a €1.2 billion investment programme for Renalfa's portfolio, following which around 1.6 GW of generation assets and around 3.3 GWh of co-located Battery Energy Storage Systems (BESS) will be operational across Bulgaria, Hungary, Romania, and North Macedonia. Once operational, this will deliver around 2.3 TWh of green electricity annually, enough to power 920,000 households, while the...
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