INVL Fund Secures EUR 24.4M for Romania Solar Project
Aug 6, 2024 05:27 PM ET
- INVL Asset Management shines bright with EUR 24.4 million secured for a 60-MW solar project in Romania, part of their impressive 451 MW investment in the country.
INVL Asset Management's fund has secured EUR 24.4 million for a 60-MW solar project in Romania, with financing split between the EBRD and Eiffel Investment Group. The solar farm will be located in Dolj County and is part of the fund's investment in eight solar projects in Romania totaling 451 MW.
Construction of solar plants with a capacity of 51 MW in Romania is expected to be completed by the end of September. The fund is also active in Poland, developing solar capacity of over 32 MW. Prior to this agreement, the fund secured EUR 17.5 million from an international debt fund for a portfolio of solar projects in Romania and Poland.
What is the total solar capacity of INVL Asset Management's projects in Romania and Poland?
- Total solar capacity of INVL Asset Management's projects in Romania: 451 MW
- Total solar capacity of INVL Asset Management's projects in Poland: 32 MW
- Total solar capacity of all projects in Romania and Poland combined: 483 MW
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