Exim Banca Românească, part of the international banking consortium financing Ogrezeni, one of the largest hybrid projects in Europe

Exim Banca Românească is strengthening its position as a strategic financier of the green economy by joining the international consortium of banks that has granted Enery, an independent renewable power producer in Central and Eastern Europe (CEE), a EUR 460m syndicated green project financing.

The funding will be used for the construction of Enery’s Ogrezeni hybrid project in Giurgiu County, Romania, combining photovoltaic (PV) generation with battery energy storage. With an installed capacity of 761 MWp / 534 MW AC and more than 1 GWh of battery storage, Ogrezeni will be among the largest hybrid projects in Europe. Once operational, the plant is expected to generate enough green electricity to power the equivalent of approximately 684,000 households and avoid around 303,000 tonnes of CO₂ emissions every year.

The syndicate of lenders is comprised of UniCredit, acting as Global Coordinator, Sustainability Coordinator and Bookrunner; Intesa Sanpaolo Group, represented by Intesa Sanpaolo Bank Romania and Všeobecná úverová banka from Slovakia, as Mandated Lead Arranger and Bookrunner; ING Bank N.V. and its Romanian subsidiary, acting as Mandated Lead Arranger and Facility & Security Agent; Banca Transilvania SA and National Bank of Greece (Cyprus), acting as Mandated Lead Arrangers; and Exim Banca Românească SA and Alpha Bank S.A., acting as Lead Arrangers.

Sustain LCM Finance, founded by Gratia Popescu, acted as debt syndication advisor on behalf of Enery. Schönherr acted as the borrower’s legal advisor, while Clifford Chance Badea acted as the lenders’ legal advisor.

The Ogrezeni hybrid project is underpinned by Enery’s partnership with the Three Seas Initiative Investment Fund (3SIIF), a dedicated commercial infrastructure fund investing in energy, transport and digital infrastructure across EU member states in CEE, with the aim of enhancing connectivity, energy security and economic growth in the “Three Seas” region between the Baltic, Adriatic and Black Seas.

Exim Banca Romaneasca is one of the top banks in Romania, with 100% Romanian shareholding.

3 March 2026