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NORD/LB to finance Green Breeze
Norddeutsche Landesbank (NORD/LB) has joined with Erste Group Bank and BCR to finance the 99.2MW Green Breeze wind farm owned by Nala Renewables.
The wind farm is located mainly in the municipality of Cuca in Eastern Romania, and will consist of 16 Vestas V162-6.2MW turbines.
The project is expected to come online in the first half of 2026, and is currently under construction.
Florian Hock, Senior Director at NORD/LB, said: "This project marks our first in Romania, underscoring our commitment to financing renewable energy projects that materially drive forward Europe’s renewable energy transition, including rapidly emerging markets.
"The Green Breeze wind farm will play a critical role in decarbonising Romania’s economy, and we’re delighted to support Nala Renewables on this important project.”
Will Herlinger, Head of Investment at Nala Renewables, said: "We look forward to working with NORD/LB on both new opportunities in the CEE region, as well as other projects across the European markets in which Nala are active.” |
