Econergy Renewable Energy Ltd.

📢 Wrapping up 2024 with More Great News! 🗞️ We're thrilled to announce that we've secured €38 million in financing from Raiffeisen Bank International AG for our operational 92MW #Parau PV solar project in Romania. This marks Raiffeisen's 2nd financing, following its support of our #Ratesti solar project, Romania's largest operational renewable energy site. With this milestone, we're ready to kick off 2025 with full force, continuing to lead in renewable energy development and delivering impactful, high-quality projects across Europe. 🚀 Here's to another year of innovation, growth, and sustainability! 🌍 🥂 🎉 #RenewableEnergy #SolarPower #EnergyTransition #Econergy #Romania #2025Goals

🎄 Season’s Greetings🌟 As we wrap up a fantastic year filled with growth, innovation, and exciting developments, we want to thank all our colleagues, partners, and friends for your incredible support and collaboration. 🙌 2024 has been a year of momentum, and we’re grateful for everything we’ve accomplished together. This holiday season, we wish you time to relax, recharge, and enjoy moments with those who matter most. 💫✨ Here’s to building on this year’s successes and creating an even brighter 2025, together. 🚀🌍

📢 We are excited to share that we have secured 𝐭𝐡𝐞 𝐥𝐚𝐫𝐠𝐞𝐬𝐭 𝐚𝐰𝐚𝐫𝐝𝐞𝐝 𝐪𝐮𝐨𝐭𝐚 in Romania’s recent CfD auction with our Parau 2 solar project:125 MW AC (~150 MW DC) out of 310 MW DC in total. ⚡ As a leading renewable energy developer in Romania, this large-scale project underscores our market leadership. 💪 With low construction costs and a secured CfD price of €49.4/MWh for 15 years, the project—set to begin operations in 2027—is poised to deliver strong profitability and a reliable income stream, contributing to Romania’s net-zero goals. 🎯 #Econergy #RenewableEnergy #SolarPower #EnergyTransition #Romania #Sustainability #SteadyIncome #Netzero

אנו נרגשים לעדכן על ציון דרך משמעותי: השותפה האסטרטגית שלנו, קרן ההשקעות הצרפתית RGREEN INVEST בחרה להגדיל את השקעתה בחברה־הבת שלנו בבריטניה ב־50 מיליון אירו! 🚀 ההשקעה משקפת שווי של 450 מיליון אירו לפני הכסף, ומביאה את אחזקתה של הקרן ל־28%, עם אפשרות להשקעה נוספת של 30 מיליון אירו עד מרץ 2025. האמון שמביעים בנו שותפינו הוא עדות לחוזק האסטרטגיה שלנו ולמחויבותנו להוביל את תחום האנרגיה המתחדשת ולעמוד ביעדים שהצבנו לעצמנו! 🎯 📈 נמשיך לפעול להרחבת הפעילות שלנו, לחיזוק השותפויות וליצירת ערך משמעותי עבור כל בעלי העניין שלנו. תודה על התמיכה והאמון! 🙌 Golan Hazani Calcalist כלכליסט #Econergy #RenewableEnergy #Sustainability #InvestingInTheFuture #Partnerships

Heading to #Solarplaza Germany? Don’t miss the chance to meet Reuven Gozal, Adv., our Business Development Manager! Reuven is excited to connect and share Econergy’s vision and expertise in the renewable energy market. With a strong presence in 𝐏𝐕, 𝐰𝐢𝐧𝐝, and 𝐬𝐭𝐨𝐫𝐚𝐠𝐞 across Europe, we are always exploring opportunities for growth, collaboration, and driving the energy transition forward. Be sure to say hello! 🌍☀️   📩 Connect with Reuven to discuss:  🤝 Strategic partnerships and innovative projects.  ✌ Success stories from our renewable energy portfolio across Europe. 🌱  Opportunities to shape the renewable energy landscape in Germany and beyond. Let’s meet and explore ways to create impactful, sustainable solutions together! #SolarplazaGermany #Econergy #EnergyTransition #SolarPV #EnergyStorage #WindEnergy #StrategicPartnerships

𝐒𝐮𝐜𝐜𝐞𝐬𝐬𝐟𝐮𝐥 𝐁𝐨𝐧𝐝 𝐢𝐬𝐬𝐮𝐢𝐧𝐠 - ✅ We are thrilled to share the successful completion of our 326 million Shekels (approx €85 million) bond issuance, with demand reaching an impressive 436 million Shekels (approx €114 million) (!). This six-year bond, set at an interest rate of 6.95% and an effective yield of 7.2%, provides the financial foundation to advance our ambitious 2025 roadmap. Our plans include developing and operating 1.5 GW of renewable energy projects across key European markets, focusing on solar PV, wind, and energy storage by the end of 2025. This achievement represents a major milestone in our mission to accelerate the renewable energy transition. The strong market response reflects the confidence in our vision, strategy, and the expertise of our dedicated team, driving impactful projects and creating long-term value. 💫 #RenewableEnergy #Sustainability #EnergyTransition #Econergy #GreenFinance

We're delighted to share the signing of a €28 million financing agreement with Kommunalkredit Austria AG for our #IancuJianu solar PV project in Romania. 🤝 This 58MW project is another step in our ongoing efforts to advance the renewable energy transition across Europe. 👣 🌍 The financing will enable the construction and initial operations of the project, with work set to begin in the coming months. ⚡ Collaborating with partners who share our vision for sustainability is at the heart of what we do. Stay tuned for updates! 🌞 #RenewableEnergy #SolarEnergy #Sustainability #EnergyTransition

🌟 𝗘𝗰𝗼𝗻𝗲𝗿𝗴𝘆 𝗤𝟯 𝟮𝟬𝟮𝟰 𝗥𝗲𝘀𝘂𝗹𝘁𝘀 – 𝗔 𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝗶𝗰 𝗟𝗲𝗮𝗽 𝗙𝗼𝗿𝘄𝗮𝗿𝗱 🌍 We have just published our 𝗤𝟯 𝗿𝗲𝘀𝘂𝗹𝘁𝘀, reflecting significant progress as we solidify our position as a leading IPP in Europe. 🔹 𝗦𝘄𝗮𝗻𝗴𝗮𝘁𝗲, our first storage project (102MWh), is now connected to the grid. It is expected to generate € 5.3 M in annual revenue. 🔹 𝟰𝟬𝟳𝗠𝗪 of PV projects are either connected or ready for connection. 🔹 €126M in financing agreements secured, with €252M in advanced negotiations. 🔹 Post-Q3: Poland's 𝗥𝗲𝘀𝗸𝗼 𝗣𝗿𝗼𝗷𝗲𝗰𝘁 (𝟱𝟮𝗠𝗪) has completed construction, with a #VPPA signed for 75% of its output. 💡 𝗞𝗲𝘆 𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝗶𝗰 𝗠𝗶𝗹𝗲𝘀𝘁𝗼𝗻𝗲: Funding for all projects starting construction by 2025 is fully secured, with the entire required budget accounted for in our Sources and Uses Report. Looking ahead, we project €𝟴𝟳𝗠 in revenue for 2024, supported by our robust pipeline of ~8GW PV/Wind and ~11GW Storage under development. This achievement underscores our disciplined approach to financial planning and project execution, enabling us to drive sustainable growth and deliver on our ambitious goals. 🎯 #Econergy #RenewableEnergy #Q3Results #Sustainability #EnergyTransition

Tuval Eldar, our Business Development Manager, will attend the BVES Energy Storage Systems Association Summit in Berlin tomorrow and is excited to share Econergy’s vision and expertise in the storage market. 🔋 With a proven track record in 𝐁𝐄𝐒𝐒 𝐚𝐜𝐫𝐨𝐬𝐬 𝐄𝐮𝐫𝐨𝐩𝐞, we are exploring new markets, including 𝐆𝐞𝐫𝐦𝐚𝐧𝐲, focusing on strategic collaborations to support the energy transition. 📩Connect with Tuval to discuss: ⚡ Growth strategies and partnerships. ⚡ European success stories in BESS. ⚡Opportunities in Germany for innovation and sustainability. Let’s meet and explore how to work together to drive renewable energy forward! #Econergy #BVES #EnergyStorage #BESS #Germanyrenewables

This week, Javier Flamarique Flamarique, our Project Finance director, and Joshua Murphy, our Head of Energy Storage, represent Econergy at the Large Scale Solar Series event in Warsaw, contributing to key discussions in the renewable energy sector.🇵🇱 ⚡ Javier will join the "Is the Addressable PPA Market Keeping Up with Government Ambition?" panel to explore renewable energy procurement trends, risk appetite for merchant revenues, hybrid PPA structures and revenue streams risk management to optimize financing. 🔋 Joshua will join the panel "Deep Dive into the Growth of Co-located Storage in CEE," which will cover revenue models, technology choices, funding strategies, and market forecasting. If you're attending, take advantage of the opportunity to hear their valuable insights and gain a deeper understanding from various perspectives in Central and Eastern Europe. 💡