EBRD finances €34 million for solar projects in Romania

By Global Infrastructure Sherpa · Feb 16, 2026

Financing SolarSolar Pv announced Romania Feb 16, 2026

USD34M

Deal Value

189.7 MW

Capacity

development

Stage

The EBRD is providing a €34 million senior secured loan to Solar World SRL, RB Solar Energy SRL, and Energie Soleil SRL for the development, construction, and operation of two solar power plants in Romania. The project, with a total capacity of 189.7 MW, is co-financed by the European Investment Bank (EIB) and Banca Comercială Română (BCR). The plants are majority-owned by Scatec ASA (65%) with the remaining stake held by Defic Globe Energji AS (35%). The project includes a skills development program focused on green energy and digital skills, with support from the EU under the InvestEU Advisory Hub.

Deal Analysis

The EBRD's €34 million senior secured loan to Solar World SRL, RB Solar Energy SRL, and Energie Soleil SRL represents a significant investment in Romania's renewable energy infrastructure. This project, co-financed by the EIB and BCR, will support the development, construction, and operation of two solar power plants with a combined capacity of 189.7 MW. The involvement of experienced developers like Scatec ASA and Defic Globe Energji AS further strengthens the project's viability. The inclusion of a skills development program focused on green energy and digital skills, supported by the EU under the InvestEU Advisory Hub, adds a social impact dimension to the investment. This financing aligns with the broader European Union's strategy to increase renewable energy capacity and reduce carbon emissions. The project's scale and the participation of multiple international financial institutions demonstrate the growing confidence in Romania's solar energy market. The deal also highlights the EBRD's continued commitment to supporting sustainable development and the transition to a green economy in its region of operations. The project's success could serve as a model for future renewable energy investments in Romania and other emerging markets.

€34 million senior secured loan from EBRD for solar projects in Romania.
Total project capacity of 189.7 MW, co-financed by EIB and BCR.
Majority ownership by Scatec ASA, a reputable renewable energy developer.
Includes a skills development program focused on green energy and digital skills, supported by the EU.

Market Context: The European solar market is experiencing significant growth, driven by policy support, declining technology costs, and increasing demand for clean energy. Romania, as an EU member state, is committed to meeting its renewable energy targets, making it an attractive destination for solar investments.