The European Investment Bank (EIB) will provide up to EUR 30 million for a wind energy project in Romania.

The EIB loan will co-finance the 'Peștera II' project, one of the largest wind energy projects in Romania, with an installed capacity of up to 400 MW. The project is being developed by the Romanian company Radramo Power and will contribute to achieving the EU's renewable energy and climate neutrality targets.