📋 Tender Overview
Project ID: 55647
Status: Approved
Location: Croatia
Business Sector: Energy
Notice Type: Private
Environmental Category: B
Approval Date: 15 Jul 2025
Disclosure date: 17 Jul 2025
Project Description
A senior non-recourse project finance loan of up to €12.2 million in favour of RP Global Novalja d.o.o., owned by RP Global Energy GmbH, to finance the development and construction of the 21 MW solar PV plant Novalja in Croatia (the "Project"). The Project has been approved under the EBRD InvestEU Framework for Sustainable Transition. The loan is split into two tranches: (i) Tranche A of up to €7.2 million, and (ii) Tranche B of up to €5 million, benefiting from a 20% first loss coverage under the EBRD InvestEU Framework for Sustainable Transition.
Project Objectives
The Project will contribute to climate change mitigation and the Croatian green energy transition through the addition of 21 MW of new solar generation capacity to the Croatian national energy system. It will also strengthen the private sector presence in the renewable energy sector in Croatia.
