EBRD invests US$109 million in Taaleri SolarWind III Fund

The European Bank for Reconstruction and Development (EBRD) has committed up to EUR100 million (US$109.15 million) to the Taaleri SolarWind III fund. The investment is expected to enable the construction of 800 MW of new renewable energy capacity across the economies in which the EBRD invests.  

The Taaleri SolarWind III fund is a fund managed by Taaleri Energia. The fund will make equity investments in utility-scale renewable energy projects – including onshore wind farms, photovoltaic solar parks and energy storage projects – across Europe and the United States of America. The Bank’s investment in the fund will be channeled exclusively to investments in greenfield renewable energy projects across the EBRD’s investee economies, including central Europe and the Baltic states, south-eastern Europe and the Western Balkans. The EBRD’s investment will also further the development of private-sector financing for renewable energy projects across the economies in which it operate