KPMG advisers in Romania help secure instrumental deal on renewables

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The Romanian KPMG Energy Deal Advisory team acted as sole financial advisor to Monsson, Romania’s leading developer of renewable energy projects, in the sale of the largest solar project development in Europe, with an authorized capacity of 1 044 MW, to Rezolv Energy, an energy leader in the CEECs. transition platform supported by €500 million in funding from Actis, one of the world’s leading investors in sustainable infrastructure.

Monsson is Romania’s most successful renewable energy project developer, with a strong reputation and considerable experience dating back many years. The KPMG team supported Monsson every step of the way, from the initial identification of potential investors to the closing of the transaction.

As Bogdan Vaduva, Partner and Head of Energy, Sustainability and Climate Change at KPMG in Romania commented: “We are delighted to have once again acted as Monsson’s trusted advisor for the success of a landmark transaction. , for what will become Europe’s largest solar power plant. This agreement will be transformative for the Romanian energy sector and will contribute to the transition towards greater energy sustainability. The transaction also consolidates KPMG’s position in Romania as a preferred advisor in the advisory and M&A advisory market for energy projects. It’s an example of how we bring our extensive expertise to advising on the largest energy transactions and reaffirms our commitment to be at the forefront of the energy transition. The agreement also aligns closely with KPMG’s Impact plan in Romania, where playing a positive role in the community through environmental, social and governance (ESG) principles is a fundamental part of our business model. KPMG in Romania is committed to fighting climate change and supporting the shift to renewable energy.

Bogdan Văduva adds: “It has been a pleasure to support Monsson in this transaction, and I wish Rezolv Energy every success in the development of this project, with the support of Monsson and Actis. I would also like to thank our team, Ovidiu Popescu, Director, and Andrei Bușe, Director, for their dedication and commitment which contributed to the realization of this agreement.

About KPMG

KPMG is a global organization of independent professional services firms providing audit, tax and advisory services. We operate in 145 countries and territories and in FY21 nearly 236,000 people worked at member companies worldwide. Each KPMG firm is a legally distinct and separate entity and describes itself as such. KPMG International Limited is an English private company limited by guarantee. KPMG International Limited and its related entities do not provide services to clients.

KPMG in Romania operates from six offices located in Bucharest, Cluj-Napoca, Constanta, Iasi, Timisoara and Chişinău (Republic of Moldova). We currently employ more than 1000 professionals, Romanians and expatriates.

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