Tag: econergy

Econergy Renewable secures funding from RGreen Invest

Israel-based Econergy Renewable Energy has secured $ 250 million in financing from RGreen Invest, a French asset manager to promote its investments in renewable energy projects across Europe. RGreen Invest will provide Euro 87.5 million in corporate financing to Econergy International Limited, the Israeli-listed company’s British subsidiary. This would help to expand the company’s pipeline development and growth plans in the UK.

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The shift towards bilateral PPAs will continue: Econergy’s Wolf Dietrich

Part of Econergy’s forward-looking strategy will involve continuing to invest in clean energy projects in markets where changes to the regulations allow the industry to expand via PPAs, diversification of services to the grid and the introduction of other renewable energy technologies. As part of its continued development and growth, Econergy is looking to expand to two additional markets in the EU within the next six to nine months.

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