Renalfa IPP, a leading independent power producer focused on renewable energy, has secured a landmark €315 million Holdco Financing from a consortium of lenders, including the European Bank for Reconstruction and Development (EBRD), to accelerate the green energy transition in Central and Eastern Europe. The financing will support a €1.2 billion investment program for Renalfa’s portfolio, following which c. 1.6 GW of generation assets and c. 3.3 GWh of co-located Battery Energy Storage Systems (BESS) will be operational across Bulgaria, Hungary, Romania, and North Macedonia. Once operational, this will deliver c. 2.3 TWh of green electricity annually, enough to power 920,000 households, while the integration of battery storage systems (BESS) will help to overcome intermittency challenges in renewable energy generation and improve grid stability.