RGREEN INVEST and Renalfa Solarpro Group establish €800m renewables JV

The formation of Renalfa Power Clusters, a joint venture between RGREEN INVEST and Renalfa Solarpro Group, strategically channels €800 million into a pipeline of large hybrid renewable energy assets across Romania and Poland. This partnership provides RGREEN INVEST with direct access to a substantial construction-stage development portfolio in two key Eastern European markets, aligning with its specialization in energy transition infrastructure financing. For Sofia-based Renalfa Solarpro Group, the collaboration secures significant capital for the execution of its project pipeline, enabling the company to accelerate the build-out of its hybrid asset portfolio. The focus on hybrid renewable energy assets at the construction stage suggests a strategy to capture value from projects nearing operational readiness, potentially de-risking the investment for RGREEN INVEST while providing immediate deployment opportunities for Renalfa Solarpro Group's EPC capabilities. This structure allows RGREEN INVEST to deploy capital from its over €4 billion AUM into tangible, large-scale projects, while Renalfa Solarpro Group leverages its development and EPC expertise to bring these projects online. RGREEN INVEST, an independent French investment management company with over €4 billion in assets under management, reinforces its commitment to financing energy transition infrastructure through this €800 million joint venture. This deal expands RGREEN INVEST's footprint into the burgeoning renewable energy markets of Romania and Poland, deploying capital into construction-stage hybrid assets. Renalfa Solarpro Group, a Sofia-based independent power producer and EPC contractor, brings a proven track record, having developed and built over 1 GW of solar PV projects. The establishment of Renalfa Power Clusters allows Renalfa Solarpro Group to capitalize on its extensive development pipeline and EPC capabilities, translating its project origination into tangible assets with financial backing from RGREEN INVEST. This strategic alignment enables Renalfa Solarpro Group to scale its operations beyond its existing 1 GW solar PV portfolio, leveraging RGREEN INVEST's financial strength to accelerate project delivery across Romania and Poland.