Finance | 3 October, 2024 at 9:05 PM
EBRD invests €100 million in Green Genius
EBRD supported the expansion of renewable energy developer Green Genius with an equity investment of €100 million.
EBRD supported the expansion of renewable energy developer Green Genius with an equity investment of €100 million.
Green Genius, a renewable energy company operating in eight European markets, wants to build 500 MW of renewable energy systems in the coming years in Romania.
Romania is increasingly positioning itself as a promising destination for green investments, with several sectors showing strong potential.
Polski Holding Nieruchomości (PHN) has secured €8 million in preferential financing from the National Fund for Environmental Protection and Water Management for an 18 MW photovoltaic (PV) installation.
Romania's prosumer sector is booming, with installed capacity reaching 2.44 GW at the end of January—an impressive 63% increase compared to the same time last year.
Polish firm Węglokoks has secured €11.63 million in funding to develop a photovoltaic (PV) farm and an energy storage facility.
The Polish government has submitted to parliament a long-awaited draft amendment to the legislation governing onshore wind farm investments.
