PRESS RELEASE
ProCredit Group supports 38 MW solar park in Romania
ProCredit Bank Germany, together with ProCredit Bank Romania, committed to a joint financing of a 38-megawatt photovoltaic park in the district of Sibiu – one of the largest solar projects in the region.
The project will be implemented by Hyperion Renewables, headquartered in Lisbon, Portugal. With extensive international experience in developing renewable energy infrastructure, the company has already started construction of the solar park in Romania.“Securing financing for our first renewable energy project in Romania marks a very important milestone for Hyperion. Structured under a long-term Contract for Difference (CfD) agreement, this transaction represents a major step toward our plan for Romania and reinforces our confidence in pursuing a sustainable, long-term strategy for the country.” — Duarte Coelho Mourão, Director, Hyperion Renewables
“Financing a renewable energy projects of this mid-sized scale is a great example of the kind of impactful initiatives we aim to support through our green financing approach”
— Martin Godemann, Member of the Management Board of ProCredit Bank Germany
ProCredit group is committed to responsible banking and sustainable development. This project emphasizes our commitment. We specifically promote projects with a focus on renewable energies and energy efficiency.
“We are proud to support investments that play a direct role in advancing the transition to a sustainable economy. This photovoltaic project is a strong example of how partnerships between financial institutions and developers with a vision can accelerate the growth of green energy production in Romania. Financing renewable energy projects is a key pillar of our lending strategy and reflects our long-term commitment to sustainable development.”
— Ștefan Manole, General Manager of ProCredit Bank Romania.
LinkedIn/Meta:
Green electricity for 10,000 households: Together with ProCredit Bank Romania and in cooperation with Hyperion Energy Investments, we co-finance a 38 MWp photovoltaic park in the Sibiu district.
What does that mean in concrete terms?
With 38 MW, the solar park generates enough clean electricity each year to supply around 10,000 households in the region – and will save an estimated 17,000 tonnes of CO₂ per year! ♻️
Find out more about how we support renewable energy project financing: Renewable energies – ProCredit Bank Germany
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