ProCredit Bank Romania successfully finances 2 renewable energy projects, with capacities of 5.6 MWp and 4.3 MWp respectively

 
Bucharest, April 2: ProCredit Bank Romania announces the provision of financing totaling 3.4 million Euros to the group of companies 3D Steel Design & Construct SRL and Hansarom Management & Consulting SRL. Through this financing, the construction of two photovoltaic parks is facilitated, one with a capacity of 5.6 MWp and the other with a capacity of 4.3 MWp, both equipped with a 1 MW battery energy storage system. Thus, ProCredit Bank strengthens its role as a trusted partner in promoting sustainable development for small and medium-sized enterprises in Romania.
 
The total investment in the two projects will be nearly 6 million euros, of which ProCredit Bank will provide financing totaling 3.4 million euros. The projects will also benefit from European funding through non-repayable funds under the National Recovery and Resilience Plan.
 
"In our journey towards a more sustainable economy, efficiency in managing and utilizing solar energy becomes crucial for a successful energy transition towards renewable sources. The collaboration between ProCredit Bank and the group of companies 3D Steel Design & Construct SRL and Hansarom Management & Consulting SRL exemplifies a successful financing model, based on European funds through the PNRR and the financial support provided by the Bank. We are proud to contribute to the development of a sustainable energy infrastructure at the national level in this way," said Stefan Manole, CEO of ProCredit Bank Romania.
 
The companies 3D Steel Design & Construct SRL and Hansarom Management & Consulting SRL plan to develop two photovoltaic park projects in Prahova County. The investment made by 3D Steel Design & Construct SRL in the town of Poenarii Burchii consists of a photovoltaic plant with a capacity of 5.6 MWp. It will be installed on the ground on a fixed structure and will include 9,816 photovoltaic panels of 580 Wp. The project in Bănești, developed and owned by Hansarom Management & Consulting SRL, consists of a ground-mounted photovoltaic power plant with a total capacity of 4.3 MWp. Both projects are equipped with a 1 MW battery energy storage system, which will function as a balancing and stabilizing mechanism for the photovoltaic plant.
 
As a trusted partner, the Bank continues to support investments in renewable energy that contribute to diversifying the energy mix and reducing carbon emissions in Romania.
 
ProCredit Bank Romania
 
ProCredit Bank Romania is part of the ProCredit Group, focused on development, which consists of commercial banks for small and medium-sized enterprises (SMEs). ProCredit Holding AG, based in Frankfurt am Main, Germany, is the parent company of the development-oriented ProCredit Group, which consists of commercial banks for small and medium-sized enterprises (SMEs). In addition to operational focus on Southeast and Eastern Europe, the ProCredit Group is also active in South America and Germany. The company's shares are traded on the Prime Standard segment of the Frankfurt Stock Exchange. The main shareholders of ProCredit Holding AG include strategic investors Zeitinger Invest and ProCredit Staff Invest (the investment vehicle for ProCredit staff), KfW, the Dutch company DOEN Participaties BV, and recently, the European Bank for Reconstruction and Development. As the parent company of the Group, according to the German Banking Act, ProCredit Holding AG is subject to consolidated supervision by the Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht, BaFin) and the Bundesbank of Germany.