Mubadala completed its acquisition of European renewables player Rezolv: Abu Dhabi sovereign investor Mubadala has finalized its investment of around EUR 300 mn to invest alongside Actis in Rezolv Energy, a fast-growing renewable power platform in Central and Eastern Europe, extending its strategy of backing scaled clean energy platforms rather than single-asset projects, according to a press release.

The acquisition received regulatory clearance in September, and sees Mubadala and Actis take joint control of the firm, according to a filing (pdf) by the European Commission.

Why it matters

The investment gives Mubadala exposure to some 750 MW of renewable capacity under construction in Romania and Bulgaria and a further 1.55 GW pipeline in advanced development. Flagship assets include the 1 GW Dama solar project in Romania, billed as Europe’s largest solar power plant.

The pattern: The transaction comes as part of a broader renewables investment push from Mubadala, with the sovereign wealth fund investing in Skyborn Renewables (offshore wind), Tata Power Renewables in India, and UK-based battery storage group Zenobē.

Our take

Central and Eastern Europe is a growing market for utility-scale renewables, driven by EU climate targets, industrial demand, and energy security priorities. Mubadala’s investment gives it access to a structured, operationally mature platform, reducing development risk while accelerating renewable deployment across multiple markets and supporting its long-term energy transition goals.

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