Engie Romania secures €90 million loan for renewable projects

Business Forum
The EBRD is bolstering Romania's renewable energy sector with a €90 million loan to Engie Romania utility.

The financing will enable Engie to develop new renewable energy projects, targeting a combined capacity of at least 250MW by 2028.

Grzegorz Zielinski, Director, Energy Europe at the EBRD, said: "This investment reflects our continued commitment to the green transition in the region and lays the foundation for a strong long-term relationship built on shared decarbonisation goals."

Nicolas Richard, CEO of Engie Romania, added: "The EBRD's support reinforces our ambition to expand our renewable energy portfolio, a core element of our decarbonization strategy, and to provide customers with green energy." 

Engie Group has invested over €2 billion in Romania, primarily in gas distribution networks and renewable energy production.

RECOMMENDED
EBRD backs solar plants in Romania with €192 million package
Energy

EBRD backs solar plants in Romania with €192 million package

The European Bank for Reconstruction and Development (EBRD) is supporting Romania's energy security by arranging a €192 million financing package for three new solar power plants of Nofar Energy, with a total installed capacity of 531 MW in south-eastern Romania.

RECOMMENDED FROM THE HOME PAGE
Anima Wings attracts three institutional investors
Industry

Anima Wings attracts three institutional investors

Romanian airline Anima Wings has attracted three institutional investors as shareholders. The company signed deals with BT Asset Management, part of BT Financial Group, Winners Holding Investments and Evergent Investments.

Energy

PPC blue secures EU funding for EV chargers

PPC and PPC blue Romania have secured €3.42 million in European funding through the Connecting Europe Facility (CEF) for installing fast charging stations across Romania and Greece.

Economy

Romanian leu hits new historic low against euro

The Romanian leu depreciated on Thursday against the euro, which was calculated by the National Bank of Romania (BNR) at RON 5.1417, up 0.8% from the previous rate, recording a new historic low for the local currency.

READ MORE
Business Forum  |  30 April, 2026 at 7:30 PM
Business Forum  |  30 April, 2026 at 2:08 PM