Vista Bank supports green investments: financing of 13.9 million EURO granted to Alive Wind Power One, part of the Premier Energy Group
April 19, 2024
VISTA BANK (ROMANIA) S.A. granted to the company Alive Wind Power One, part of the Premier Energy PLC Group, an investment loan in the amount of 13.9 million euros. The purpose of the facility is to finance the purchase of a wind power park located in Drânceni (Vaslui county) with a total installed power of up to 18 MW.
Georgios Athanasopoulos, CEO Vista Bank, said on the occasion of the signing: “We are glad to grant this credit facility to Alive Wind Power One, member of Premier Energy Group - a valuable partner of Vista Bank and one of the fastest growing energy and power infrastructure holdings in Southeastern Europe - to extend its already successful business in the renewable energy field. It is another important project in the series of green financing through which we contribute to aligning the economy with the European objectives of sustainability and reducing the impact of climate change. Today, more than ever, banks and energy companies need to work together to ensure a better future, based on energy independence and sustainability.”
About VISTA BANK
With over 25 years of existence on the Romanian market, VISTA BANK has continuously evolved and contributed to the development of the Romanian economy and the welfare of its clients. As a universal bank, VISTA BANK aims to offer tailor-made, high-quality financial solutions. In recent years, the bank has grown both organically and through the acquisition of Crédit Agricole Bank Romania in 2021, thus advancing in the Romanian banks ranking. Scaling up its business will allow the bank to accelerate growth and improve its capacity to offer better banking experience to its existing and future clients. For more information: www.vistabank.ro
About Premier Energy Group
With one of the fastest growing in the region of Central and South Eastern Europe, the Premier Energy group is represented by three business verticals – supply and distribution of natural gas, production, supply and distribution of electricity and production of energy from renewable sources (wind and solar) in Romania and Moldova. From the end of 2022 onwards, through a series of acquisitions, Premier Energy has also become an important regional player in the renewable energy sector.
