Taaleri Solarwind Fund II



Project number:


Business sector:

Equity funds

Notice type:


Environmental category:


Approval date:

11 Dec 2019



PSD disclosed:

04 Nov 2019

Translated version of this PSD: Polish

Project Description

Provision of an equity commitment of up to EUR 40 million in favour of Taaleri SolarWind II (the "Fund").

Project Objectives

The fund will make equity investments in utility scale solar and wind energy projects. The fund will invest primarily in greenfield and opportunistically in operational assets in Europe as well as selected other geographies globally. The EBRD will participate solely in investments in the Bank's countries of operations ("CoOs"). The CoOs targeted by the fund include Bulgaria, Croatia, Estonia, Greece, Hungary, Latvia, Lithuania, Montenegro, Poland, Romania and Serbia.

Transition Impact

The EBRD's proposed investment will support the green economy transition across multiple EBRD CoOs by financing mainly greenfield renewable energy projects. The proposed investment is also expected to increase the availability of private equity capital for renewables financing in the region.

Client Information


EBRD Finance Summary

EUR 40,000,000.00

Total Project Cost

EUR 400,000,000.00

Environmental and Social Summary

Categorised FI (ESP 2014). The Fund will be required to comply with EBRD's Performance Requirements 2, 4 and 9, adopt and implement the EBRD's Environmental and Social Risk Management Procedures for Active Equity Funds and submit Annual Environmental and Social Reports to the Bank.

Technical Cooperation


Company Contact Information

Stephen Ross, Head of Investor Relations, Taaleri Energia
+358 40 733 7789

Business opportunities

For business opportunities or procurement, contact the client company.

For state-sector projects, visit EBRD Procurement: Tel: +44 20 7338 6794
Email: procurement@ebrd.com

General enquiries

EBRD project enquiries not related to procurement:
Tel: +44 20 7338 7168
Email: projectenquiries@ebrd.com

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Text of the PIP

Project Complaint Mechanism (PCM)

The Project Complaint Mechanism (PCM) is the EBRD's accountability mechanism. It provides an opportunity for an independent review of complaints from individuals and organisations concerning EBRD-financed projects which are alleged to have caused, or are likely to cause, environmental and/or social harm.

Please visit the Project Complaint Mechanism page to find information about how to submit a complaint. The PCM Officer (pcm@ebrd.com) is available to answer any questions you may have regarding the submission of a complaint and criteria for registration and eligibility, in accordance with the PCM Rules of Procedure.

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