Photon Energy Group Secures EUR 15 Million Multi-Tranche Project Financing from EBRD | Corporate - EQS News
Summary
Photon Energy currently has additional utility-scale solar PV projects with a combined capacity of over 210 MWp at different stages of development in Romania. The EBRDs investment will finance the construction and completion of Photon Energys portfolio of six solar parks with a capacity of 29 MWp in Romania. As part of the project EBRD will also support the Company in expansion of demand response services, capacity market auctions and the research and development CapEx of Lerta S.A. Photon Energy is currently developing utility-scale solar PV projects with a combined capacity of over 1.2 GWp in Australia and its key CEE markets, including over 210 MWp in Romania. Photon Energy and Lerta hold electricity trading licenses in Poland, the Czech Republic, Slovakia, Hungary, Romania and Serbia.