Romania: INVL Renewable Energy...

INVL Renewable Energy Fund I, managed by INVL Asset Management and focused on...

Croatia: Summary of Guarantees...

On 29 July, a total of 231,827 Guarantees of Origin (GOs) were sold...

Bulgaria: TPP Maritsa 3...

Bulgarian thermal power plant Maritsa 3 reported a net loss of €2.7 million...

Bulgaria: Bobov Dol thermal...

The Bulgarian thermal power plant Bobov Dol posted a net profit of approximately...
Supported byClarion Energy
HomeSEE Energy NewsBulgaria: Rezolv Energy...

Bulgaria: Rezolv Energy secures €90 million financing for St. George solar power plant

Rezolv Energy, supported by UK investment firm Actis, has secured up to €90 million in debt financing for the construction of the 225 MW St. George solar power plant in northeastern Bulgaria. The funding comes from the International Finance Corporation (IFC) and Raiffeisen Bank International. Set to be built on a former brownfield site at Silistra airport, the project will soon enter the construction phase, with completion expected in 2025.

Spanning 165 hectares, the St. George solar power plant will feature nearly 400,000 solar panels, generating over 310 GWh of electricity annually. This project is one of the largest solar initiatives in Bulgaria and has already established a 12-year virtual power purchase agreement (PPA) with Ardagh Glass Packaging-Europe.

Supported byOwner's Engineer banner

Recent News

Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Romania: INVL Renewable Energy Fund I secures €29.3 million loan for 71 MW solar project

INVL Renewable Energy Fund I, managed by INVL Asset Management and focused on renewable energy projects, has obtained a €29.3 million loan from Kommunalkredit Austria to finance the construction of a 71 MW solar power plant in Dolj County,...

Croatia: Summary of Guarantees of Origin auctions for electricity held on 29 July

On 29 July, a total of 231,827 Guarantees of Origin (GOs) were sold in auctions organized by HROTE and ENNA Next. These auctions were conducted in five parallel sessions via CROPEX’s IT trading platform, covering GOs from wind, biogas,...

Bulgaria: TPP Maritsa 3 narrows loss to €2.7 million in first half of 2025

Bulgarian thermal power plant Maritsa 3 reported a net loss of €2.7 million in the first half of 2025, a significant improvement compared to a €11.5 million loss during the same period in 2024. The company’s total revenues fell to...
Supported byVirtu Energy
error: Content is protected !!