R.Power secures €12.4 million for Romanian solar projects

Green Forum

26 March, 2025 at 11:00 PM

Polish solar developer R.Power has secured €12.4 million in project financing to support the development of its first solar projects in Romania, targeting a combined capacity of 23 MWp.

The funding was arranged by Bank Gospodarstwa Krajowego, R.Power announced in a social media update.

This agreement marks the company's second project finance deal outside of Poland, reinforcing its international expansion strategy. Earlier this year, R.Power obtained similar financing for its utility-scale solar projects in Portugal.

Construction on the Romanian portfolio, consisting of four solar sites, began in December. In March, the company also signed an offtake agreement for 357 GWh of solar energy in Romania.

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