Enery, an independent power producer in Central and Eastern Europe, secured more than €250 million (~$297 million) in long-term portfolio project financing, with Československá obchodní banka.
The company is said to operate a diversified portfolio with 566 MW of installed capacity and 213 MW under construction, generating 766 GWh of clean energy.
The financing will support the development and operation of a cross-border renewable energy portfolio in Czechia, Slovakia, Bulgaria, and Slovenia. The proceeds will fund the construction of a 300 MW portfolio of solar projects and 100 MW/220 MWh of co-located battery energy storage systems.
“Securing more than EUR 250 million through this long-term portfolio financing is another strong endorsement of our strategy and execution capabilities. This financing enables us to accelerate the delivery of 300 MW of solar PV and 100 MW/220 MWh of co-located battery energy storage across 4 energy markets. By combining renewable generation with flexibility solutions, we are helping strengthen energy security, support grid stability, and deliver reliable green electricity for the long term, making the energy transition real and impactful for customers and communities across the CEE region,” said Richard König, CEO, and Lukas Nemec, COO at Enery.
Československá obchodní banka acted as the sole lender, while United Bulgarian Bank AD, and Československá obchodná banka acted as subparticipants. The financing has a tenor of 22 years.
“This long-term financing represents a major milestone for Enery and a strong vote of confidence in our strategy, execution capabilities, and portfolio quality across Central and Eastern Europe,” said Teodor Filip, VP Financing at Enery. “It strengthens our ability to scale renewable generation and storage solutions in the region and supports our contribution to long-term decarbonization goals.”
In October 2025, Enery acquired Project Lassie, a portfolio of 32 operational solar projects totaling 34.6 MW across Slovakia, from ContourGlobal, an independent power producer.
Large-scale project funding increased by 37% in 2025 compared with the funding raised in 2024, according to Mercom’s recently released Annual and Q4 2025 Solar Funding and M&A report.