Rezolv lands €560M green loan for EU's largest solar park
What's the deal? Renewable energy developer Rezolv EnergyDealroom has a profile for this one. Try Dealroom → has secured a €561 million ($637 million) green loan from a 14-lender consortium to build the EU's largest onshore solar park in Romania. The European Investment Bank anchored the financing, backed by an InvestEUDealroom has a profile for this one. Try Dealroom → guarantee.
Who else is in? The consortium spans commercial banks Erste GroupDealroom has a profile for this one. Try Dealroom →, UniCredit, Societe Generale, and Raiffeisen Bank, alongside the European Bank for Reconstruction and DevelopmentDealroom has a profile for this one. Try Dealroom →, the International Finance Corporation, and the Black Sea Trade and Development Bank.
What's the endgame? The loan funds construction of Rezolv's Dama SolarDealroom has a profile for this one. Try Dealroom → project in Arad county, western Romania. Backed by ActisDealroom has a profile for this one. Try Dealroom →, the British sustainable infrastructure investor, Rezolv holds a 2.3GW portfolio of solar and wind assets across Romania and Bulgaria.
Why now? Dama Solar is set for completion in 2028, when it will be the biggest solar development in the EU. The Romanian government awarded it two Contracts for Difference last year, fixing the power price for 15 years through an EU-funded, low-carbon support scheme.
The signal: The size stands out — the raise ranks in the 91st percentile among all-time debt rounds in the region's energy sector. It shows how public lenders and commercial banks are pooling capital to scale renewables across Central and Eastern Europe.
Read more: in.marketscreener.com
Image credit: Mat Fascione
