R.Power, a Polish renewable energy group, has secured approximately 46.5 million euros in financing from the European Bank for Reconstruction and Development and Poland’s Bank Gospodarstwa Krajowego to build a large-scale battery energy storage system in Romania. The project will be developed by a subsidiary in which R.Power holds a 50.01 percent stake.
The financing agreement was signed on June 3, 2026, under a project finance formula. EBOR is providing long-term investment financing designated for the construction of the battery energy storage system, while BGK is financing a guarantee tied to the services agreement for the facility.
Project scope and capacity
The battery energy storage system will have a total power of 127 MW and a capacity of 254 MWh. The facility will be located in Romania and is designed to support grid stability and enable greater integration of renewable energy sources.
– (The financing from EBOR will be used for the construction of a battery energy storage system with a total power of 127 MW and a capacity of 254 MWh) – the company stated in its announcement.
The project represents a significant step for R.Power in expanding its presence in the Romanian energy market. The group has been actively developing renewable energy projects both in Poland and abroad, with a focus on solar, wind, and energy storage. The storage system will provide services under an agreement with GEN-I, Bucharest – electricity trading and sale.
Financial structure and conditions
PKO Bank Polski serves as the account bank for the transaction, while Wilmington Trust Limited acts as the security agent. The financing will be disbursed after the fulfillment of conditions precedent, which include the presentation of relevant project documents and the establishment of standard security arrangements for the lenders.
– (BGK, under the credit, will finance a guarantee to secure obligations arising from the energy storage services agreement concluded by the project company with GEN-I) – R.Power added.
The involvement of BGK, a Polish state-owned development bank, highlights the role of Polish financial institutions in supporting international energy projects. EBOR, as a key international financial institution, continues to back energy transition investments in emerging European markets.
With this investment, R.Power strengthens its position in the energy storage sector, which is becoming increasingly important for balancing electricity grids as renewable energy penetration grows across Europe. The project is expected to contribute to Romania’s energy transition goals by providing grid flexibility and storage capacity.
Źródło: WNP.PL, Fot. Materiały prasowe / R.Power
