INVL Renewable Energy Fund I gets EUR 29 million funding for 71 MW solar projects in Romania
The INVL Renewable Energy Fund I, managed by INVL Asset Management, signed a EUR 29.3 million loan agreement with Kommunalkredit Austria AG (Kommunalkredit). The loan will be used to finance the construction of solar power plants with 71…
Simona Fodor · Journalist
· Updated · 2 min read
The INVL Renewable Energy Fund I, managed by INVL Asset Management, signed a EUR 29.3 million loan agreement with Kommunalkredit Austria AG (Kommunalkredit). The loan will be used to finance the construction of solar power plants with 71 megawatts (MW) of capacity in Romania.
This is the second loan by Kommunalkredit to the fund. In November 2023, the Vienna-based bank granted the INVL Renewable Energy Fund I a EUR 25 million loan for the construction of solar power plants in Romania.
