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St. George PV

Sector: Solar • Location: Bulgaria

Source: International Finance Corporation (IFC)

Project
Active

 The proposed investment will support the development of the St George Solar Project (the Project), a 199 MW solar photovoltaic (PV) plant to be located near the town of Silistra in Northeastern Bulgaria.  The project will be developed by R-Engineering EOOD (the “Company”), an SPV established by Rezolv Energy (). Rezolv is an independent renewable energy producer focused on i

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The project “St. George PV” is an infrastructure initiative in the Solar sector, located in Bulgaria. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

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Status

Original status

active

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Description

Description

 The proposed investment will support the development of the St George Solar Project (the Project), a 199 MW solar photovoltaic (PV) plant to be located near the town of Silistra in Northeastern Bulgaria.  The project will be developed by R-Engineering EOOD (the “Company”), an SPV established by Rezolv Energy (https://rezolv.energy/). Rezolv is an independent renewable energy producer focused on investments in renewables in the Eastern European energy market. It is wholly owned by Actis LLC. The project consists of the construction, operation, and maintenance of the solar plant. Construction work is expected to commence in mid-2024 and will take approximately 12 months. The plant is anticipated to be in operation for 35 years. The Project is expected to sell generated electricity through the Independent Bulgarian Power Exchange IBEX and under commercial PPAs.]

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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