Joint Financing for Major Solar Project in Romania
ProCredit Bank Germany, together with ProCredit Bank Romania, committed to a joint financing of a 38-megawatt photovoltaic park in the district of Sibiu – one of the largest solar projects in the region.
The project will be implemented by Hyperion Renewables, headquartered in Lisbon, Portugal. With extensive international experience in developing renewable energy infrastructure, the company has already started construction of the solar park in Romania.
Securing financing for our first renewable energy project in Romania marks a very important milestone for Hyperion. Structured under a long-term Contract for Difference (CfD) agreement, this transaction represents a major step toward our plan for Romania and reinforces our confidence in pursuing a sustainable, long-term strategy for the country.
Financing a renewable energy projects of this mid-sized scale is a great example of the kind of impactful initiatives we aim to support through our green financing approach
We are proud to support investments that play a direct role in advancing the transition to a sustainable economy. This photovoltaic project is a strong example of how partnerships between financial institutions and developers with a vision can accelerate the growth of green energy production in Romania. Financing renewable energy projects is a key pillar of our lending strategy and reflects our long-term commitment to sustainable development.
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