Rezolv Energy celebrates first year milestone
We recently gathered in Prague to celebrate a memorable event, marking Rezolv Energy’s one year of success. Today, as we officially turn one, it’s the perfect moment to pause and reflect on our remarkable journey over the past 12 months.
Our first year had two primary objectives that guided our every step. First, we set out to make significant strides towards our ambitious goal of building a multi-gigawatt portfolio of renewable energy projects across Central and Southeastern Europe. Second, we aimed to build a team of exceptional individuals, equipped with the expertise needed to support Rezolv’s growth in the coming years.
On the first priority, we are, of course, immensely proud to have over 2GW of renewable energy projects being prepared for construction. And there’s even more exciting news on the horizon—so stay tuned for further updates! It’s been a dream start.
What fills us with the greatest pride is the remarkable progress we’ve made on our second objective. The Rezolv team has grown to over 35 talented individuals from diverse backgrounds, representing 14 different countries. We have experts spanning various areas—operations, commercial, legal, finance, policy, business development, and ESG—essential pillars that support the continuous growth of our business. It is our people, more than anything else, that are the real foundation on which we will continue to build Rezolv.
Interested in being part of a fast-growing team that is already having a major impact on accelerating the energy transition in this region? Do drop us a line – we’d love to hear from you.
Rezolv launches to build a new era of sustainable power in Central and South Eastern Europe
- Independent clean energy power producer built on 15 years of experience
- Backed by €500m from Actis, a leading global investor in sustainable infrastructure
- Rezolv acquires late-stage development rights to 1GW of wind power in the region
Rezolv Energy, the independent clean energy power producer established to build a new era of sustainable power in Central and South Eastern Europe, has officially launched today.
Backed by €500m from Actis, a leading global investor in sustainable infrastructure, the company will provide subsidy-free clean energy at a long-term, stable price for commercial and industrial users, and other off-takers, operating across the region. This will include supermarkets, breweries, telecoms and other large businesses.
Rezolv aims to build a multi-gigawatt portfolio of wind, solar and energy storage. This will help companies and countries across the region meet their energy needs in response to energy security challenges and climate policies. It will take renewable energy projects from late-stage development through construction and into long-term operation.
At launch, Rezolv has signed agreements to acquire development rights to two wind projects in the Central and South Eastern Europe region with a combined capacity of 1GW. Construction contracts are expected to be awarded early next year, with the projects expected to be operational by 2025-2026.
The newly formed company is built on 15 years of clean energy heritage in the region. Its leadership team previously developed the largest wind farm at the time in both Croatia and the Czech Republic, and the largest independent wind farm in Romania.
“Rising energy costs, heightened security concerns, demand to meet climate targets, and stakeholder expectations, are causing a rethink on energy usage – and production. Today, private companies, as well as public utilities, are finding their traditional reliance on fossil fuels far less viable. Renewable sources of energy are ready to take the lead and Rezolv has been created to accelerate the energy transition. Our experience, combined with long-term investment from one of the world’s foremost energy investors, gives us the financial strength and experience to solve problems and accelerate large scale renewable projects across Central and South Eastern Europe.
As part of its strategy, Rezolv is also committed to upholding the very highest environmental, social and governance (ESG) standards. The company’s plan includes ensuring it leaves a lasting, positive legacy in each community where it invests and operates. Projects will adhere to best practice and international standards including the Equator Principles and the IFC’s Environmental and Social Performance Standards.”
— Jim Campion, Chief Executive, Rezolv
“Our model creates benefits for both the end-users of power, but also the communities where power is generated. We are developing long- term investment programmes hand-in-hand with communities. This ensures a positive legacy nationally, as well as locally, from the growth of renewables.”
— Alastair Hammond, Chief Operating Officer, Rezolv
“This announcement is an exciting moment for Actis as we sign our first Energy Infrastructure investment in Central and South Eastern Europe, with the ambition of building and operating a market-leading renewable energy platform. Our investment in the region strongly aligns with our strategy to build sustainability leaders where we find opportunities to support the Energy Transition, especially important as energy security needs drive faster adoption of renewable energy.”
— Lucy Heintz, Partner, Head of Energy Infrastructure, Actis
