Econergy’s Milestone Financing
Israeli company Econergy, the visionary force behind Romania’s largest photovoltaic park recently unveiled in Rătești, has successfully procured a EUR 60 million loan from Raiffeisen Bank International, according to Profit.ro.
Impressive Park Metrics
Covering a vast 170 hectares, the photovoltaic park boasts an impressive total installed capacity of 155 MW, poised to generate approximately 220 GWh of electricity annually.
Record Investment in Romania
With a staggering investment value of EUR 102 million, this project stands as Romania’s most significant venture to date. Econergy and Israeli counterpart Nofar Energy share equal ownership stakes.
Recent Inauguration and Future Outlook
The grand inauguration of the park occurred at the end of the previous month, signaling a major accomplishment for Econergy. The forthcoming connection to the grid is eagerly anticipated, marking a pivotal moment for sustainable energy in Romania.
Source：romania-insider.com
