Article

ETIC Partners' Energy Transition Europe II has invested €6.5 million in junior debt to support a 58 MWp solar portfolio in Hungary, expected to be operational by 2025. The two plants will produce approximately 80 GWh of energy annually and significantly reduce CO2 emissions, with one plant secured by a long-term PPA with Holcim. This investment aligns with Hungary's goal of achieving 30% renewable energy by 2030, primarily through photovoltaic power.