Rezolv Energy, an independent renewable energy producer backed by Actis and Mubadala, has signed a project financing of up to USD 411.72 million for its 292.5 MW Dunarea East wind farm in Constanța County, southeastern Romania.

The announcement was made in Bucharest on 6 November 2026.

Financing package details

The financing is supported by the Export and Investment Fund of Denmark (EIFO), Denmark's export credit agency, and is provided by a consortium of six lenders: Société Générale, Erste Group Bank, Raiffeisen Bank International with Raiffeisen Bank S.A., Mizuho Bank Europe, Raiffeisenlandesbank Niederösterreich-Wien, and the European Bank for Reconstruction and Development (EBRD).

The EBRD's participation is supported by an InvestEU guarantee.

Offtake arrangements

Project offtake is underpinned by two mechanisms.

The first is a Contract for Difference (CfD) awarded to Dunarea East in Romania's second CfD auction in 2025, which covers 211 MW of the project's total 292.5 MW capacity.

The second is a corporate Power Purchase Agreement (PPA) with international food retailer Ahold Delhaize, which provides long-term revenue visibility for a substantial proportion of the project's output.

Fourth major financing in Romania

This transaction represents the fourth major project financing Rezolv Energy has executed in Romania.

It follows the up to USD 326.46 million secured for the first phase of the VIFOR Wind Farm, the additional up to USD 371.34 million for VIFOR Phase 2, and the up to USD 629.36 million package for Dama Solar.

Together, these four transactions represent up to USD 1.74 billion of senior debt financing for large-scale renewable energy infrastructure in Romania.

Several institutions in the Dunarea East lending consortium also participated in these earlier financings, which, according to the company, reflects the strength of its relationships with established international and regional financing partners.

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