September 8, 2026
June inauguration of the first phase of Aukera’s Gura project in Romania. Image: Aukera
Renewable energy and battery storage developer Aukera has closed a €460 million (US$534.23 million) structured credit facility to advance its project pipeline in five European markets.
Aukera, which develops battery energy storage system (BESS), solar PV and hybrid or co-located solar-plus-storage projects to own and operate, announced the closing of the financing last week (2 September).
Washington D.C.-headquartered US institutional investor EIG was lead investor in a facility that originally included a €200 million investment commitment with an accordion feature of up to €250 million. The accordion feature has now been amended into a €260 million Series 2 tranche, hence the total €460 million committed.
