Mubadala, the Abu Dhabi sovereign wealth fund, has announced a €300 million investment through a partnership with global sustainable infrastructure specialist Actis, to invest in Resolve Energy, an independent and fast-growing renewable energy platform in Central and Eastern Europe.
This investment is part of Mubadala's broader strategy to invest in platforms that accelerate the global transition to clean energy and develop flexible infrastructure that supports long-term economic growth. Actis founded and invested in Resolve Energy, which has quickly become one of the leading companies in the clean power generation sector in Central and Eastern Europe, helping companies and governments in the region meet their energy needs amidst energy security challenges and climate policies.
Since its launch, the platform has made significant progress, with approximately 750 MW of renewable energy projects currently under construction in Romania and Bulgaria, alongside a further 1.5 GW of advanced-stage development projects, including the Dama project in Romania, which is the largest solar power project in Europe.
The joint investment commitment from Mubadala and Actis in Resolve Energy will help accelerate the company's growth to become the leading renewable energy platform in Central and Eastern Europe.
"This investment reflects Mubadala's strategy to build and expand our portfolio of physical assets that support the transition to a low-carbon economy," said Saed Al Arar, Managing Director and Head of Infrastructure in Mubadala's Physical Assets Investments division. "Resolve Energy represents a distinctive platform with its leadership, scale of operations, and broad market presence, contributing to the acceleration and development of renewable energy projects in Central and Eastern Europe."
