Overview
- Abu Dhabi’s Mubadala Investment Company is committing about €300 million ($352 million) to Rezolv Energy alongside infrastructure investor Actis.
- Rezolv reports roughly 750 megawatts of projects under construction in Romania and Bulgaria and about 1.5 gigawatts in advanced development, including the Dama Solar project in Romania.
- The Dama Solar project is described by the companies as expected to become Europe’s largest solar power plant once completed.
- Actis launched Rezolv in 2022 and says the platform now spans around 2.3 gigawatts of large‑scale wind and solar projects in Romania and Bulgaria.
- Rezolv chief executive Alastair Hammond says Mubadala’s entry as a shareholder will enable faster growth, aligning with Mubadala’s push into low‑carbon infrastructure as the IEA flags rapid renewables expansion alongside grid and financing challenges.