BCR contributes EUR 29.25 million to support renewable energy development in Săcele
Bucharest, 04 February 2026 - Banca Comercială Română (BCR) provided a EUR 29.25 million financing for Greenvolt Power, part of Greenvolt Group, a global developer of large-scale wind, solar, and battery energy storage. The company is developing a 49.8 MW onshore wind project located in Săcele, Constanta county, with construction expected to be completed in the second quarter of 2026.
The total financing amounts EUR 58.5 million and is jointly provided by BCR and Erste Group Bank AG. As part of the transaction, BCR is contributing EUR 29.25 million, alongside complementary financing components supporting the project’s construction and operational phase.
"This project reflects BCR’s expertise in complex energy project finance and our ability to deliver comprehensive banking solutions for large-scale infrastructure investments. Our cooperation with Erste Group allows us to offer larger financing capacities for our clients, while contributing to regional energy security, the communities we serve, and Romania’s economic competitiveness. We are pleased to be Greenvolt’s banking partner and to act as an enabler for renewable energy investments in our country”, said Manuela Trisnevschi, Head of Energy and Utilities, Banca Comercială Română.
"Central and Eastern Europe, and Romania in particular, remain strategic markets for Greenvolt, where we continue to execute and deliver high-quality projects with a clear and tangible impact on the energy transition – essential for environmental reasons, and also for strengthening energy independence and security, which are increasingly critical drivers for growth and stability for countries”, said João Manso Neto, CEO al Greenvolt Group.
„By supporting this project, Erste Group continues to reinforce its commitment to support and strengthen the renewable energy infrastructure in Romania. This financing reflects our confidence in Greenvolt’s track record and in the long-term fundamentals of the Romanian renewable energy market,” said Ladislav Tolmáči, Executive Director Corporate Finance, Erste Group Bank.
The successful closing of this transaction reinforces BCR’s role in mobilizing capital for Romania’s renewable energy sector, supporting the country’s transition toward a sustainable, low-carbon economy.
The transaction benefited from the support of several professional advisors, including, Clifford Chance Badea as lenders’ legal advisor, and PwC as financial model auditor.