Econergy obtains €40.5M funding for its 87 MW solar project in Oradea, Romania.
Project Financing Agreement: Econergy Renewable Energy has secured a €40.5 million project-finance agreement with Unicredit Bank for its 87 MW Oradea solar project in Romania, which has been operational since August 2025.
Expansion Plans: The company plans to enhance the Oradea site with a 68 MW Battery Energy Storage System (BESS) at an investment of approximately €21 million, expected to generate significant annual revenues and EBITDA.
Confidence from Financial Partners: This agreement marks the second collaboration with UniCredit, reflecting the bank's confidence in Econergy's project quality and financial management.
Company Overview: Econergy is a prominent European Independent Power Producer with a diverse portfolio in solar, wind, and energy storage projects, boasting a project pipeline of over 14GW across several key European markets.
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