ETIC Partners Invests €6.6 Million In EuroEnergy's Solar Portfolio Near Bucharest, Marking Its First Romanian Investment And Third Under Energy Transition Europe II Fund

Contributing sentiments towards policy:

71% : These developments highlight Romania's increasing competitiveness in the renewable energy market and its strong commitment to scaling up clean energy deployment.
65% : Romania's renewable energy sector has been expanding rapidly in recent years.
64% : Through this fund, ETIC aims to accelerate Europe's decarbonization, particularly in Central and Eastern European Union member states where the demand for renewable energy is growing rapidly.
63% : This transaction marks ETIC's first investment in Romania and further strengthens its strategic position in the renewable energy sector in Eastern Europe.
61% : EuroEnergy, founded in 2007, is an independent power producer (IPP) that owns and operates renewable energy assets, including both photovoltaic and wind projects.
61% : It operates as one of the renewable energy subsidiaries of Libra Group, a global business group whose subsidiaries own and operate assets in nearly 60 countries across various sectors.
60% : It follows the same investment strategy as the first Energy Transition Europe fund, focusing on financing new renewable energy projects and refinancing existing ones through junior debt.
57% : By the end of 2024, the country published the final version of its National Energy and Climate Plan (NECP), which aims to achieve a 38% share of renewable energy in its gross final energy consumption by 2030.
55% : Under its investment strategy, the fund aims to allocate at least 40% of its resources to renewable projects in Central and Eastern European countries that are members of the European Union.
53% : The Energy Transition Europe II fund is a second-generation junior debt fund launched nine months ago and classified as an "Article 9" sustainable investment vehicle under European Disclosure regulations.

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