EBRD, Raiffeisen Bank provide €110 million for solar projects in Romania
The European Bank for Reconstruction and Development (EBRD) and Raiffeisen Bank International are jointly providing a €110 million financing package to develop two solar photovoltaic power plants in south-eastern Romania, with a combined capacity of around 300 MW. The Iepuresti and Ghimpati projects reflect growing confidence in Romania’s renewable energy sector, spurred by recent regulatory reforms supporting the country’s ambitious green energy goals. The financing package includes a €55 million loan from EBRD, matched by…