Abu Dhabi sovereign investor Mubadala Investment Company (Mubadala) has committed approximately €300 million to partner with sustainable infrastructure investor Actis in Rezolv Energy, an independent renewable energy platform rapidly expanding in Central and Eastern Europe. The investment supports Mubadala’s strategy to scale infrastructure that accelerates the global energy transition while fostering long-term economic growth.
Since its launch by Actis, Rezolv Energy has become a key clean power player in the region, currently constructing around 750 MW of renewable projects in Romania and Bulgaria and developing an additional 1.5 GW pipeline, including Europe’s largest solar project, Dama in Romania.
Saed Arar, Head of Infrastructure, Mubadala Real Assets, said: “This investment is a clear reflection of our strategy to invest and scale real assets that enable the transition to a low-carbon economy. Rezolv Energy offers a great platform with scale, leadership, and market access to accelerate renewable energy deployment across Central and Eastern Europe. Our partnership with Actis ensures we are investing alongside a highly experienced player with a proven track record in sustainable infrastructure. Together, we are supporting the development of clean and reliable energy for industries and businesses while delivering long-term value for all stakeholders.”
Alastair Hammond, CEO of Rezolv Energy, added: “With the financial and technical backing of Actis, Rezolv Energy has already made huge progress, with two large-scale renewable energy projects in construction in Southeastern Europe and two more about to move into the construction phase following our CfD success in Romania. Having Mubadala join as a shareholder will enable us to be even more ambitious, further accelerating the energy transition in the region.”
Lucy Heintz, Head of Energy at Actis, commented: “Investors are looking for the resilience, scale, and relevance that Actis’ growth market sustainable infrastructure platform offers and we are gratified by the strong endorsement of this strategy and pleased to join forces with Mubadala. We’re building real-world assets that we believe are essential to national development, and pairing that with disciplined, long-term investment capital.”
Rezolv Energy benefits from over 15 years of clean energy experience in the region, with its management team having previously developed some of the largest wind farms in Croatia, the Czech Republic, and Romania.
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