The loan will be partially syndicated and EBRD will provide EUR38 million and Italy’s UniCredit will provide the difference, the financial institution said in a statement Wednesday.
The Topolog-Dorobantu wind power park, with an installed capacity of 84 MW, was built by LUKERG Renew, a joint-venture between Lukoil Ecoenergo, a division of Russian oil group Lukoil, and Italy’s ERG Renew.
The 42 Vestas wind turbines installed in Dorobantu, Topolog and Casimcea, Tulcea county, will generate over 200 GWh of electricity a year.
This is the eighth wind park the EBRD finances in Romania.