The aim of this collaboration is to develop a portfolio of more than one gigawatt of PV projects. R.Power brings a portfolio of more than 50 solar PV projects at various stages of development and Eiffel Transition Infrastructure fund contributes to the financing of the development of the portfolio.
See also: New microinverter production site in Romania
The Partners will invest up to €26,5 million. R.Power teams will develop the projects until they are ready-to-build. Once operational, these projects are expected to provide over 500,000 Romanian homes with renewable electricity, thereby contributing to avoiding the emission of the equivalent of up to 420,000 tons of CO2 per year.
Expanded renewable energy initiatives
This partnership builds upon the successful collaboration between Eiffel Investment Group and R.Power, who have been working together since 2022. The joint venture signifies their shared commitment to expanding their renewable energy initiatives in the Romanian market by combining the long experience and skills of both partners in this activity. (mfo)
