Established in July 2021 by Lithuanian INVL Asset Management, the INVL Renewable Energy Fund I invests in renewable energy projects at the early production state. It invests in solar and onshore wind projects which includes the construction, acquisition and management of power plants. Its regional focus lies in Europe.
The INVL Renewable Energy Fund 1 is investing approximately 120 million euros to develop solar farms it has acquired in Romania with a total capacity of 166MW. Construction of those solar farms will be done from 2023 to 2025.
Picture source: Unsplash, 25.06.2022