NEPI Rockcastle Secures €250 Million Green Loan from EBRD to Support CEE Investment Strategy

NEPI Rockcastle has strengthened its long-term funding platform after securing a €250 million green term loan from the European Bank for Reconstruction and Development (EBRD), providing fresh capital to finance environmentally focused investments across its Central and Eastern European retail property portfolio.

The senior unsecured facility will mature in 2034 and remains available for drawdown until the end of March 2027. The financing will be used exclusively for projects that improve the environmental performance of the company’s shopping centre portfolio, supporting its broader sustainability strategy across the region.

The new financing follows NEPI Rockcastle’s Green Finance Framework, under which proceeds are allocated to eligible projects that enhance energy efficiency, reduce carbon emissions and support internationally recognised green building certifications. The framework aligns with established international standards for green finance, ensuring that investments contribute to measurable environmental improvements.

Beyond funding sustainability initiatives, the transaction also enhances the company’s capital structure by diversifying its funding sources, extending its debt maturity profile and strengthening overall liquidity. NEPI Rockcastle said the facility provides additional financial flexibility to continue investing across its growth pipeline throughout the market cycle.

The agreement also includes support for a multi-year employee development programme covering more than 300 staff, focusing on digital skills, artificial intelligence, cybersecurity and environmental management as part of the company’s long-term operational strategy.

Eliza Predoiu, Chief Financial Officer of NEPI Rockcastle, said the financing strengthens the company’s long-term funding base while accelerating an investment programme focused on sustainable retail destinations across Central and Eastern Europe. She added that the transaction reflects confidence in the company’s strategy and provides a solid platform for future growth in the region.

According to the company, the EBRD financing underlines investor confidence in the quality of NEPI Rockcastle’s portfolio and supports its continued expansion across CEE, where it owns, operates and develops shopping centres in eight countries with a property portfolio valued at approximately €8.2 billion.