Clifford Chance Advises Aukera Energy on EUR 60 Million Financing for First Stand‑Alone Battery Energy Storage System in Romania

"Clifford Chance Badea advised Aukera Energy in securing a EUR 60 million debt facility from Kommunalkredit Austria AG to finance a 250 MW / 500 MWh stand‑alone battery energy storage system in Romania. The project is a first step toward Aukera's 2 GW Romanian storage target and forms part of a wider 16 GW development pipeline across Europe."

Clifford Chance Badea advised Aukera Energy in securing a EUR 60 million debt facility from Kommunalkredit Austria AG to finance the construction of its first stand‑alone battery energy storage system in Romania. The financing will support the development of a 250 MW / 500 MWh project, which will be one of the largest storage projects in Central and Eastern Europe. The project represents a first step in Aukera Energy’s larger investment plan targeting a total battery storage capacity of 2 GW in Romania. Aukera Energy focuses on the development, construction and operation of solar, wind and battery storage projects. The company is currently developing a pipeline of over 16 GW across the UK, Germany, Belgium, Italy and Romania. Clifford Chance Badea represented client(s) Aukera Energy with a team composed by members of the Bucharest office’s banking and project finance practice.

Clifford Chance Advises Aukera Energy on EUR 60 Million Financing for First Stand‑Alone Battery Energy Storage System in Romania

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