Giurgiu Solar Romania Tender

Location: Romania
Project number: 54253
Business sector: Energy
Notice type: Private
Environmental category: B

Project Description
The Project involves the provision of a senior loan of up to EUR 55.0 MM in favour of favour of RTG Solar Energy S.R.L ("Iepuresti Project") and Solis Imperium S.R.L ("Ghimati Project"; together, "Borrowers," "Companies"), limited liability companies incorporated in Romania. The loan will be dedicated for the construction and operation of solar farms with capacity of 315MW in south-eastern Romania (the "Project"). The Project consists of two separate sites and is expected to generate around 400 GWh of electricity a year. The EBRD loan is expected to be approved partially under the EBRD InvestEU Framework for Sustainable Transition (OpID 54197).

Project Objectives
The Project will contribute to climate change mitigation and the Romanian green energy transition by adding 315 MW of solar generation capacity to the Romanian national energy system. It will also strengthen the private sector presence in the renewable energy sector in Romania.

Transition Impact
ETI score: 60
The Project targets the "Green" Transition Impact quality by supporting the construction of two solar projects total installed capacity of 315 MW resulting in associated CO2 savings of 170,000 tonnes annually.