Kinstellar advised BIG Mega Renewable Energy on securing a €92 million financing deal with EBRD and OTP Bank for the construction and operation of the Urleasca wind farm in Romania.
The banking sector in Romania has made notable progress in aligning its practices to evolving ESG standards and regulations aimed to support the EU's ambitious decarbonization targets, says Gyula Fatér, CEO of OTP Bank Romania. He talked to Green Forum about the role that ESG currently plays in the decision-making process at OTP Bank Romania.
OTP Bank volunteers collected, at the end of last week, over 25 bags of waste from the Jiu River, in the Ișalnița Dam area. the 22 volunteers collected 300 kilograms of waste, representing objects such as pet bottles, bottles, canned food, etc. A new action to clean the banks and riverbeds of Jiu, the second of this year will take place in September.
Pehart Group, one of the largest tissue paper producers in Southeast Europe and the largest producer and processor of household paper products in Romania, is extending the syndicated loan obtained two years ago to €78 million.
Conducted in autumn 2025, the RICS Sustainable Real Estate Survey Europe gathered 112 responses from valuers, developers, investors and other professionals across 30 countries. The findings confirm that ESG has moved from a peripheral concern to a core driver of real estate value, risk and decision-making across Europe.
DSV – Global Transport and Logistics, the world's largest logistics operator, has launched a solar installation at its warehouse in Łozienica, Poland, in partnership with commercial real estate investor Accolade. The installation will meet the energy needs of Poland's first multi-client warehouse equipped with an AutoStore system.
Etem Gestamp, the Sofia-based joint venture between Viohalco Group and Spain's Gestamp Group focused on aluminium extrusion and processing for the automotive industry, and Rezolv Energy, the Actis-backed independent power producer, have signed a 10-year virtual power purchase agreement (VPPA) in Bulgaria. The VPPA will see Etem Gestamp buy electricity from Rezolv Energy's 461MW 'Vifor' wind farm, which is about to come onstream in Buzău County, Romania. It is the first cross-border wind PPA that has been publicly announced in Bulgaria.
DP World has launched a five-year coastal restoration programme to create underwater "forests" of native seaweed to boost marine life near the Constanța South Container Terminal on the Black Sea.
Microsoft has achieved its goal of matching 100% of its annual global electricity consumption with renewable energy, reaching the milestone five years ahead of its 2025 target. The achievement supports the company's commitment to become carbon negative by 2030.
