Abu Dhabi sovereign wealth fund Mubadala Investment Company is investing in Romanian renewables developer Rezolv Energy, Profit.ro. Actis, the UK-based sustainable infrastructure investor that launched Rezolv in 2022, will continue to operate and manage the renewables developer. The European Commission cleared the transaction (pdf) last week. The value of Mubadala's investment was not disclosed.

Rezolv is active across Central and Eastern Europe, with a 2.5 GW portfolio spanning Romania, Croatia, the Czech Republic, Luxembourg, Bulgaria, and Slovakia.

Rezolv’s pipeline: The firm is developing the 1.04 GW Dama Solar project in Romania’s Arad County — set to become Europe’s largest solar park — alongside a 500 MW battery storage unit. Its domestic portfolio also includes a 600 MW wind farm in Constanța and a 461 MW wind project in Buzău, and it has secured four contracts for difference (CfD) totaling 951 MW in the country’s first two state-run auctions.

REMEMBER- Mubadala has been expanding its European infrastructure footprint this year, including investments in German facility manager Apleona, UK biotech Juvenescence, and school operator Nord Anglia Education, as well as MoUs with Hungary’s 4iG Group to explore digital infrastructure.

** EDITOR'S NOTE- This story was corrected on 8 September, 2025 to show that Mubadala is investing in Rezolv Energy and is not entering a joint venture agreement with Actis as part of the transaction, as a source with knowledge of the matter informed us.