Development, Financing, Construction
EREN is a multidisciplinary company, involved and active throughout development process of a renewable energy project.
Thanks to its technical, legal and development teams, EREN selects and supports projects showing excellent economic feasibility, and in full compliance with the Group’s sustainable development policy. EREN partners with local developers and oversees the various administrative procedures, technical studies, and required environmental and social impact assessments.
By focusing on medium and large projects, EREN resorts to limited recourse project finance from national and international lenders, in addition to investing its own equity. Thus to date, EREN and its partners have raised more than 450 million USD of limited recourse debt for its worldwide assets.
Once the funding is established, EREN manages and superintends the construction of its projects conducted by international first-class industrial groups, while favoring local manpower, securing the quality of the project’s finalization and ensuring timely achievement.
Renewable Energy Independent Power Producer
The decision to get involved in all phases in the development and achievement of a renewable project is very much aligned with the strategic will of EREN to invest in its assets and maintain control over the long term. EREN operates and maintains its power stations around the world over the entire project lifetime.
EREN Renewable Energy is an independent power producer (IPP) from renewable energy sources.