Investment: Mobilizing Capital for a Greener Romania
WHT Energy facilitates sustainable investments by offering institutional-grade renewable energy assets. With over €300 million in equity deployed and financing partnerships with EIB, EBRD, US DFC, and EXIM, we provide secure and profitable investment opportunities in the 20 MW to 454 MW range.
Diversified Investment Models
Turnkey Development
Fully permitted, ready-to-build renewable energy projects offering attractive internal rates of return, strong profitability, and rapid execution timelines.
Key Benefits:
- Elimination of regulatory and permitting delays
- High-yield opportunities with reduced development risk
- Projects positioned as top-tier investment opportunities
- Full clarity on construction and grid connection
Joint Ventures
Co-development models delivering strong expected returns and solid long-term value creation, supported by robust financial performance and collaborative risk management.
Advantages Include:
- Shared investment and operational responsibilities
- Leverage of local and international expertise
- Agile project delivery with aligned interests
- Flexible exit and profit-sharing structures
Build‑Own‑Operate
Long-term investment options providing predictable income, operational control, and sustainable cash flow over extended periods.
Why Choose BOO Models?
- Full ownership of energy assets
- Long-term return visibility with stable operations
- Ideal for infrastructure investors and funds seeking steady performance
- Strong alignment with ESG and impact goals
Advanced Financing Structures
Project Finance
Our project finance structures include up to 80% leverage with strong DSCRs, while EU Innovation and Modernization Funds help reduce upfront CAPEX.
Financing Characteristics:
- Debt-to-equity ratios up to 80:20
- Repayment periods ranging from 15-20 years
- Competitive interest rates linked to European indices
- Limited or no personal guarantees
Diverse Funding Sources:
- International and local commercial banks
- Development financial institutions
- Specialized investment funds
- Capital markets
European Funds and Grants
Contracts for Difference (CfD)
Financial Solutions for Corporate Clients
Financial Solutions for Corporate Clients
Green Financing and Compliance
Comprehensive Financial Advisory
Development from Concept to Construction
Investor-Ready Instruments
Innovation in Financing
Innovative Financial Instruments
Digital Financial Technologies
Financial Risk Management
Risk Analysis and Assessment
Hedging and Protection Tools
Investment Model
WHT Energy employs a versatile investment model designed to maximize returns while effectively managing risk across our renewable portfolio. Our approach allows participation from diverse capital sources with varying risk appetites and return expectations.
WHT Energy’s flexible investment approach enables optimization of financial structures based on project specifics and investor requirements.
Flexible Capital Structures
Projects can be structured as on-balance sheet investments, special purpose vehicles (SPVs), or joint ventures with strategic partners, allowing customized risk allocation and governance frameworks.
Staged Investment
Our development process includes clear stage gates with defined investment tranches, enabling risk mitigation through progressive capital deployment as project milestones are achieved.
Exit Flexibility
Multiple exit strategies are incorporated into investment structures, including operational asset sales to infrastructure funds, IPP portfolios, or long-term hold options for stable yield generation.
Finance Partners and Funds
WHT Energy collaborates with a diverse ecosystem of financial partners to support our ambitious renewable energy portfolio. These strategic relationships provide access to the substantial capital required for our 5 GW development pipeline.
International Funds
Partnerships with specialized renewable energy funds from the USA, Europe, and Asia provide equity capital with deep sector expertise. These relationships include dedicated funding facilities for specific technology verticals within our portfolio.
Financial Institutions
Strong relationships with commercial banks, multilateral development institutions, and export credit agencies secure attractive debt financing terms for our projects, including green bonds and sustainability-linked loans.
Strategic Investors
Participation from industrial partners, energy utilities, and infrastructure investors provides not only capital but also valuable operational expertise and potential offtake arrangements.
WHT Finance
Our dedicated finance arm structures optimal financing packages for each project, coordinating between multiple capital sources and ensuring efficient allocation of resources across the portfolio.
Project Financing Structure
Capital Secured
Since 2022, WHT Energy has successfully raised over €425 million in project finance, equity investments, and green bonds to fund our rapidly expanding renewable portfolio in Romania.
BESS Financing
Landmark financing package for a 150 MW/300 MWh battery energy storage system, representing one of Eastern Europe's significant dedicated BESS investments, syndicated with partners from three continents.
Solar Portfolio
Secured project financing for 125 MW solar portfolio with innovative merchant/PPA hybrid revenue structure, demonstrating lender confidence in Romania's maturing renewable market.
Green Bond
Successfully issued a substantial corporate green bond, securing long-term capital for mixed technology projects with strong ESG performance metrics and independent verification.
Recent Investment Highlights
WHT Energy employs sophisticated financial structures tailored to each project’s specific characteristics, market conditions, and investor requirements. Our approach optimizes capital efficiency while appropriately allocating risk among stakeholders.
Equity Investment
Typically 20-30% of project costs, sourced from WHT Energy's balance sheet, strategic partners, and specialized renewable energy funds. Equity investors receive priority returns and potential upside from merchant operations.
Project Finance
Non-recourse debt financing representing 50-60% of capital structure, secured against project assets and cash flows. Loan terms typically range from 15-18 years with competitive interest rates reflecting Romania's improving risk profile.
Public Funding
Strategic use of NRRP grants, EU innovation funds, and other public support mechanisms for 5-10% of project costs, particularly for innovative technology applications and grid connection infrastructure.
Green Bonds
Medium to long-term debt instruments representing 10-15% of financing, providing access to ESG-focused institutional investors. All bonds adhere to ICMA Green Bond Principles with independent verification and impact reporting.
