Econergy secures €40.5M project financing for its 87 MW Oradea solar project in Romania

TEL AVIV, Israel and BUCHAREST, Romania, Dec. 03, 2025 (GLOBE NEWSWIRE) -- Econergy Renewable Energy (TASE:ECNR), a leading European Independent Power Producer (IPP), has signed a €40.5 million project-finance agreement with Unicredit Bank for its 87 MW Oradea solar project in Crișana region in north-west Romania. The project has been fully connected to the grid and generating revenues since August 2025. The facility will be used, among other purposes, to refinance the loans that funded the project’s constr ...