Tuesday, 9 June 2026
The European Bank for Reconstruction and Development (EBRD) has approved a €175 million loan to Public Power Corporation (PPC) to support renewable energy investments across Romania, Greece and Bulgaria.
The financing will enable the development, construction and operation of approximately 400 MW of new wind and solar capacity, expected to generate around 760 GWh of clean electricity annually and reduce CO₂ emissions by about 300,000 tonnes per year.
The loan is backed by the InvestEU programme, which provides a first-loss guarantee from the European Union, helping mobilize long-term financing for large-scale renewable energy projects.
In addition to supporting the energy transition, the initiative includes a skills-development component focused on battery energy storage systems, aimed at increasing workforce participation in the clean energy sector.
PPC is one of Southeast Europe’s largest integrated energy groups, while PPC Renewables Romania is currently the country’s largest private renewable energy producer, with an installed capacity of approximately 1.6 GW.
