EBRD and Eiffel Investment Group jointly provide €24.4m for a 60MW solar power plant in Romania.

The European Bank for Reconstruction and Development (EBRD) and Eiffel Investment Group have jointly provided €24.4m to INVL Asset Management's INVL Renewable Energy Fund I, for building a 60MW solar power plant in Romania. The funding is split equally between the EBRD and Eiffel Investment Group, who are investing in 8 solar power projects in Romania, with a combined capacity of 451MW. The total capacity of the INVL Renewable Energy Fund I's portfolio of renewable energy projects is 483MW, with investments in projects in Romania and Poland expected to reach over €330m.

August 05, 2024
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