Econergy secures €40.5 million financing for solar project in Oradea

Business Forum

15 December, 2025 at 3:15 PM

Vlasceanu & Partners has advised Econergy on a €40.5 million project financing from UniCredit Bank for the development of an 87 MW photovoltaic project in Oradea, Romania.

The law firm assisted Econergy's Romanian SPV throughout the financing process, including issuing the project due diligence report, structuring the transaction, and reviewing and negotiating the financing package and related security arrangements.

"We appreciate the continued confidence placed in our firm by our client, who worked and continues to work with us for all Romanian related financing deals," the firm stated.

The project is now fully connected and operational, and the company is moving ahead with plans to integrate a 68 MW BESS on site.

Jinko Power enters Romania with solar, storage project

Nyerges & Partners advised Jinko Power Technology on its entry into the Romanian market through the acquisition of a 50 MW photovoltaic plant combined with a 150 MWh battery energy storage system (BESS) in Olt, southern Romania.

Energy

Second Foundation makes first Romanian energy storage investment

PeliPartners assisted Second Foundation in acquiring stakes in energy storage projects with a combined capacity of approximately 150 MW in southern Romania.

Real estate

What the surge in technical services demand means for property investments in 2026

Andrei Ianculescu, Head of Project & Development Services at Cushman & Wakefield Echinox, talked to Property Forum about the expansion of design and ESG advisory services, the industrial and logistics sector's growth post-Schengen, and the importance of independent project management for tenant fit-outs. Ianculescu also emphasised the potential in secondary cities and the increasing relevance of aligning projects with sustainability standards.

Energy

Over €1.5 billion in grants ready for green investments in Romania starting 2026

Companies and local authorities will have over €1.5 billion in grants available for investment in energy and energy efficiency at the beginning of next year.

ESG

ESG remains unknown to half of Romanians, study finds

Despite 68% of Romanians claiming familiarity with sustainability, only a quarter consistently use it in daily decisions.

Energy

Simtel lands €43 million photovoltaic and storage contract in Romania

Romanian engineering and green energy group Simtel Team has announced the signing of a significant contract valued at €43 million (excluding VAT) with Hepa Energy, owned by a lead company from Israel.