Rezolv Energy | Oil & Gas Feed

Rezolv Energy said it has secured up to 90 million euros in debt financing from the International Finance Corporation (IFC) and Raiffeisen Bank International to fund the construction of the 225 MW St George solar park in north-eastern Bulgaria.

Rezolv Energy, the Actis-backed independent power producer in Central and Southeastern Europe, through their project subsidiary First Looks Solutions S.R.L., have signed a 10-year Virtual Power Purchase Agreement (VPPA) in Romania with Bekaert, a global leader in steel wire transformation and coating technologies.

T-Mobile Czech Republic, Slovak Telekom and CE Colo Czech Republic signed cross-border virtual PPAs with Rezolv Energy.

Rezolv Energy and Low Carbon have secured finance loan facilities of up to 291 million euros to support the Phase 1 construction of the VIFOR wind farm, a major project located in Romania.