Hover Energy pictured above with all three Power Technology Excellence Awards 2025. This award honors their trail-blazing establishment of intelligent microgrids and adoption of distributed renewables. With the transition to a new energy landscape, investments in sustainable, long-lasting infrastructure are more important than ever before. That makes the joint venture between Mubadala Investment Company — a sovereign investor based in Abu Dhabi — and Actis — an investor focused on sustainable infrastructure — so fascinating. Collectively, the three are putting in about €300 million ($351.25 million) into Rezolv Energy. This agreement is intended to make Rezolv Energy the foremost renewable energy company based in Central and Eastern Europe.
This investment comes at an especially important moment for Rezolv Energy. The company, which is pursuing a diversified acquisition strategy, boasts 1.5 gigawatts (GW) of renewable projects in the pipeline. Leading the pack are Romaniacs Dama, set to be Europe’s biggest solar plant. Together, Mubadala and Actis are committed to lead the charge towards a global energy transition. This collaboration will boost our infrastructure, laying the foundation for sustained economic development well into the future.
Strategic Investments in Renewable Energy
The combined investment from Mubadala and Actis sends a clear message of intent and commitment to renewable energy solutions in the region. This past October, Actis announced its full ownership in Stride Climate Investments, which includes a solar generation asset portfolio based in India. This transaction is a further demonstration of Actis’s commitment to sustainable infrastructure and deepens its footprint in the fast-growing renewable energy sector.
Lucy Heintz, Actis’ head of energy, expressed optimism about this partnership:
“Investors are looking for the resilience, scale, and relevance that Actis’ growth market sustainable infrastructure platform offers – and we are gratified by the strong endorsement of this strategy and pleased to join forces with Mubadala.”
By investing alongside Mubadala, Actis expects to bring its expertise and capital to significantly improve the technical capacity of Rezolv Energy. This partnership strengthens their joint commitment to an equitable, sustainable future.
Advancements in Renewable Projects
As Rezolv Energy illustrates, new players are bending the arc of corporate development toward renewable energy. Currently, they have two comprehensive pilot projects in the ground in Southeast Europe. The firm is further getting ready to start work on two more projects after successful Contracts for Difference (CfD) results in Romania. These initiatives are a testament of Rezolv Energy’s commitment to lead the acceleration of renewable energy deployment as the new norm in Central and Eastern Europe.
Alastair Hammond, a representative from Rezolv Energy, highlighted the impact of the partnership:
“With the financial and technical backing of Actis, Rezolv Energy has already made huge progress, with two large-scale renewable energy projects in construction in Southeastern Europe and two more about to move into the construction phase following our CfD success in Romania.”
This forward-looking approach serves to underscore the importance of renewable energy to this effort. It lays the foundation for increased investment in the sector going forward.
Commitment to a Low-Carbon Economy
Mubadala’s investment strategy aims to scale real assets that will enable the transition to a low-carbon economy. Saed Arar, head of infrastructure at Mubadala Real Assets, emphasized the significance of this investment:
“This investment is a clear reflection of our strategy to invest and scale real assets that enable the transition to a low-carbon economy. Rezolv Energy offers a great platform with scale, leadership, and market access to accelerate renewable energy deployment across Central and Eastern Europe.”
The collaboration between Mubadala and Actis is a significant move that will accelerate renewable energy expertise in the region. Their joint capacity and experience will ignite exciting developments in the renewables space. These gains are expected to deliver significant benefits for the environment and local economies.