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Nofar gets EUR 110 mln financing from EBRD and Raiffeisen for 330MW PV parks in Romania

August 22, 2024

The European Bank for Reconstruction and Development (EBRD) and Raiffeisen Bank International are lending EUR 110 million to the Israeli company Nofar Energy for the development of two photovoltaic parks located in Iepuresti and Ghimpati, in the south-east of Romania, with a total installed capacity of 330 MW.

The financing is extended in equal shares by EBRD and Raiffeisen with EUR 55 million to be extended by each in two installments - EUR 25 million and EUR 30 million, respectively.

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The text of this article has been partially taken from the publication:
https://www.romania-insider.com/ebrd-raiffeisen-loan-nofar-solar-parks-romania-2024
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