ACTIVITY TITLE
VERSION 2.01
Urleasca Wind Project
Reported by
European Bank for Reconstruction and Development XI-IATI-EBRD Multilateral
ACTIVITY SCOPE COLLABORATION TYPE AID TYPE FINANCE TYPE FLOW TYPE TIED STATUS HIERARCHY
National 4 Multilateral outflows 4
Project-type interventions C01
Untied 1
IATI IDENTIFIER
XI-IATI-EBRD-54195
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DOCUMENTS ( 4 )
Project Summary Document - Transition Impact Environmental Social Summary TEXT/HTML EN Pre- and post-project impact appraisal Project Summary Document TEXT/HTML EN Objectives / Purpose of activity Country Strategy TEXT/HTML EN Memorandum of understanding (If agreed by all parties) Procurement/Tenders TEXT/HTML EN Tender
Planned start date 2024-04-18
Planned end date 2041-06-30
Actual start date 2024-04-18
activity status: Implementation
The activity is currently being implemented
WHO'S INVOLVED ( 2 )
PARTICIPATING ORG REFERENCE ROLE TYPE
European Bank for Reconstruction and Development
 Funding Multilateral
URLEASCA WIND FARM SRL
 Implementing Private Sector
General
Provision of a senior loan of up to EUR 45.9 million in favour of Urleasca Wind Farm SRL, (the "Borrower" or the "Company"), a special purpose vehicle ("SPV") incorporated in Romania. The loan will be dedicated for the construction and operation of a 102MW onshore wind farm in the Braila region of Eastern Romania (the "Project"). The Project consists of 17 wind turbines and is expected to generate 270GWh of electricity per annum. The Project will contribute to climate mitigation by adding 102MW wind generation capacity to the Romanian national energy system. Wind and solar farms are critical to Romania in achieving its commitment to fully phase out coal by 2032. In addition, the Project will strengthen the private sector's role in the renewable energy sector in Romania.
recipient country ( 1 )
RomaniaRO
100
country budget items ( 1 )
IATI Withdrawn ( 1 )
The budget identifier reported uses IATI budget identifier categories
7.1.1
100
sector ( 1 )
OECD DAC CRS 5 digit1( 1 )
The sector reported corresponds to an OECD DAC CRS 5-digit purpose code http://reference.iatistandard.org/codelists/Sector/
Wind power Withdrawn 23068
100
GLOSSARY
Wind power Withdrawn Wind energy for water lifting and electric power generation.
Financial Overview
Outgoing Commitment ( 1 )
Budget ( 1 )
Outgoing Commitment
Budget
Budget ( 1 )
START END TYPE STATUS VALUE
2025-01-01 2025-12-31 Original 21,761,414.96
EUR
Budget
Transactions ( 1 )
Outgoing Commitment ( 1 )
DATE DESCRIPTION PROVIDER RECEIVER VALUE
2024-04-18
FLOW Other flows 50
FINANCE Investment-related loan to developing countries Withdrawn 411
URLEASCA WIND FARM SRL
 46,270,000
EUR
Outgoing Commitment
General Enquiries
European Bank for Reconstruction and Development
+44 20 7338 7380
projectenquiries@ebrd.com
www.ebrd.com
5 Bank Street, London E14 4BG
conditions( 1 )
NARRATIVE TYPE DESCRIPTION
Provision of a senior loan of up to EUR 45.9 million in favour of Urleasca Wind Farm SRL, (the "Borrower" or the "Company"), a special purpose vehicle ("SPV") incorporated in Romania. The loan will be dedicated for the construction and operation of a 102MW onshore wind farm in the Braila region of Eastern Romania (the "Project"). The Project consists of 17 wind turbines and is expected to generate 270GWh of electricity per annum. The Project will contribute to climate mitigation by adding 102MW wind generation capacity to the Romanian national energy system. Wind and solar farms are critical to Romania in achieving its commitment to fully phase out coal by 2032. In addition, the Project will strengthen the private sector's role in the renewable energy sector in Romania. For more details, please refer to the project summary document at https://www.ebrd.com/view/psd/54195
 Performance The condition attached requires certain outputs or outcomes to be achieved by the recipient