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

Partnership Hybrid announced Romania, Poland Mar 9, 2026

USD800M

Deal Value

construction

Stage

RGREEN INVEST and Renalfa Solarpro Group have agreed to establish a joint venture named Renalfa Power Clusters to finance an €800m pipeline of large hybrid renewable energy assets in Romania and Poland.

Get daily hybrid deal alerts — free, no spam.

Counterparts (2)

Partner

Renalfa Solarpro Group

company

Sofia-based Renalfa Solarpro Group is a leading independent power producer (IPP) and EPC contractor in the renewable energy sector, with over 1 GW of solar PV projects developed and built, and an additional 1.5 GW in development. The group operates primarily in Southeast Europe and is actively expanding across Europe, the Middle East, Africa, Australia, and the USA.

RGREEN INVEST

company

RGREEN INVEST is an independent French investment management company specializing in financing infrastructure projects for energy transition and climate change mitigation. With over €4 billion in assets under management, it invests in renewable energy, energy efficiency, and sustainable agriculture across Europe and North America.

Subscribe to access full counterpart details, deal analysis, and timeline.

Subscribe from €20/mo →

Deal Analysis

RGREEN INVEST and Sofia-based Renalfa Solarpro Group are joining forces to establish Renalfa Power Clusters, a joint venture targeting an €800 million pipeline of hybrid renewable energy assets in Romania and Poland. This new entity will specifically finance projects already in the construction stage. Renalfa Solarpro Group brings a strong track record as an IPP and EPC contractor, having developed and built over 1 GW of solar PV projects, with another 1 GW currently under development. The focus on hybrid assets in these Eastern European markets indicates a move to capture diverse generation opportunities in the region.

€800 million pipeline value
Hybrid renewable energy assets
Projects already in construction phase
Renalfa Solarpro's 1 GW+ solar PV development experience

Source Intelligence

KEY DETAILS

The venture builds on the partners’ earlier joint venture Renalfa IPP, which has developed utility-scale hybrid assets equipped with long-duration battery energy storage systems. Renalfa Power Clusters will deploy technologies for renewable generation, storage and dispatch while delivering demand-side optimisation solutions for low-carbon industries and data centres.

“

Deal Size

support construction of an €800m pipeline of large hybrid renewable energy assets

“

Location

finance renewable energy projects in Romania and Poland.

“

Financials

The partners will jointly commit €200m in equity to the company

“

Announcement

9 March 2026 09:41

PARTIES MENTIONED IN SOURCE

RGREEN INVEST investor

"RGREEN INVEST and Renalfa Solarpro Group have agreed to establish a joint venture"

Renalfa Solarpro Group investor

"RGREEN INVEST and Renalfa Solarpro Group have agreed to establish a joint venture"

Renalfa Power Clusters developer

"a joint venture named Renalfa Power Clusters to finance renewable energy projects"

high quality Enriched Mar 9, 2026

Timeline

Announced

Mar 9, 2026

Signed

Closed

Get the full picture — timeline, source intelligence, and counterpart analysis.

Subscribe from €20/mo →

Source

seenews.com

View Full Deal Details