Mubadala Invests €300 Million in Rezolv Energy to Boost Renewable Energy in Europe

Mubadala Forms Strategic Partnership with Actis to Invest in Rezolv Energy Renewable Platform

Abu Dhabi | EcoPulse24

Mubadala Investment Company announced a commitment of approximately €300 million to partner with Actis, a leading investor in sustainable infrastructure in emerging markets, to invest in Rezolv Energy, an independent renewable energy platform rapidly expanding in Central and Eastern Europe.

This investment is part of Mubadala's strategy to support the global energy transition by investing in leading platforms capable of developing flexible and sustainable infrastructure, enhancing long-term economic growth in vital markets.

Since Actis launched and invested in Rezolv Energy, the company has emerged as a key player in clean energy generation in the region, helping countries and businesses meet their growing energy needs amid challenges related to energy security and European climate policies.

Rezolv Energy has made significant progress in a short time, currently owning about 750 MW of renewable energy projects under construction in Romania and Bulgaria, along with a future project portfolio exceeding 1.5 GW in advanced development stages, including the Dama project in Romania, which is set to be the largest solar project in Europe.

Rezolv Energy is backed by over 15 years of experience in the clean energy sector in the region, led by a management team that has previously developed the largest wind energy projects in Croatia and the Czech Republic, as well as the largest independent wind farm in Romania.

The partnership between Mubadala and Actis is expected to accelerate Rezolv Energy's growth and support its ambition to become the regional leader in renewable energy in Central and Eastern Europe.

Saeed Arar, Head of Infrastructure at Mubadala Real Assets, stated that this investment clearly reflects the company's direction toward expanding investments in real assets that support the transition to a low-carbon economy, noting that Rezolv Energy represents a platform with the scale, leadership, and market capability needed to accelerate the deployment of renewable energy in the region.

Alistair Hammond, CEO of Rezolv Energy, explained that Mubadala's joining as a strategic shareholder will provide the company with greater capacity to expand its ambitions and expedite its project implementation, especially as several projects advance to construction phases after successfully securing contracts for differences in Romania.

Lucy Heintz, Head of Energy at Actis, emphasized that the partnership with Mubadala represents strong support for Actis's strategy of building sustainable assets with a real impact on national development, backed by long-term and disciplined capital.