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Optimal financing strategies built on deep understanding of every phase of an energy project's life cycle: predevelopment, development, EPC and O&M.
Energie Finanzierung und Kapital · Bucharest
Investment Bankers for Renewable Energy, Clean Technology and Energy Efficiency
Specialized consultancy for equity and debt financing, M&A and corporate finance in renewables, battery storage, clean technology and energy efficiency.
€1bn+
Transactions closed
14+
Years experience in renewables
33+
Years banking & financing experience
1st
Renewables IB firm in Romania
About EFK
Romania's first boutique investment banking firm specialized in renewables
For over 14 years we have advised developers, sellers and investors across wind, solar, small hydro, storage and highly efficient cogeneration, working with some of the most reputable investors, developers and lenders in the world.
Our long standing relationships with private equity groups, strategic buyers, utilities and senior and mezzanine lenders ensure sound advice and highly efficient execution.
Our core values
Sustainability
We support green energy production and more efficient energy consumption in order to reduce CO₂ emissions.
Integrity
Expert advice backed by integrity and an unwavering commitment to delivering outstanding results for our clients.
Experience
Across the renewable asset life cycle
We advise on individual projects, operating assets and portfolios at every stage: predevelopment, development, EPC and O&M, for clients seeking equity, debt, divestiture or acquisition support, exclusively in Romania.
Wind
Solar
Small Hydro
Cogeneration
Battery
Hybrid
Biomass
- Over EUR 1 billion in corporate and project financing and capital raising
- Mandates with private equity groups, strategic buyers, utilities and lenders
- Long term PPAs originated, negotiated and secured for renewable projects
- Cooperation with established technical and management consultancy groups
Our services
Corporate finance advisory, end to end
Sell Side Advisory
We bring your project or company to an investor ready state, identify suitable investors and close the transaction.
- Asset valuation & financial model
- Information memorandum & business plan
- Syndication to PE, strategics, utilities & funds
- Buyer due diligence coordination
- Offer evaluation & term negotiation
Buy Side Advisory
We help strategic and financial investors identify, review, secure and close opportunities aligned with their strategy.
- Deal origination per investment criteria
- Financial analysis
- Optimal investment structure
- Due diligence support
- Key term negotiation
Debt Finance & Restructuring
Debt financing, refinancing and funding for expansions or acquisitions: working capital, fixed asset, bridge and mezzanine.
- Lender sourcing & term negotiation
- Lender presentations & memorandums
- Documentation through to closing
- Sustainable debt level assessment
- Debt to equity conversions
Securing PPA
We source and negotiate PPAs with off takers ranging from utilities and market makers to corporates and industrials.
- Off taker origination
- Commercial term sheet negotiation
- Bankable contract structuring
Market & Financial Analysis
Independent analysis that underpins investment, lending and development decisions, across both renewable and conventional energy assets.
- Market and sector studies for energy assets
- Technical and commercial feasibility studies
- Financial modelling for renewable and conventional energy
- Business plans and investment case preparation
- Financial due diligence for energy companies and portfolios
- Scenario, tariff and revenue stream analysis
Selected transactions
Projects we have advised
A selection of anonymized mandates completed across solar, wind, small hydro, battery storage and hybrid projects in Romania.
2.5 GW+
Total capacity advised
€1bn+
Capital raised
58+
Projects advised
11
Utility-scale projects
6
BESS projects
4
RES technologies
Team
Meet the founding partner
Robert Ghelasi
Founding Partner
Over 33 years of corporate and investment banking experience with leading local and international banks and large Romanian energy companies. Approximately EUR 1 billion in capital and lending transactions closed.
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Banking career
Romanian Bank for Foreign Trade, Commercial Bank of Greece (today Credit Agricole), Société Générale (today BRD), Alpha Bank and Capital Partners (today BT Capital Partners).
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Energy financing specialist
Created, developed and managed the energy business at Alpha Bank Romania between 2001 and 2010, contributing to the bank's rise from 10th place in 2000 to 4th in 2008.
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Sector coverage
Power, oil and gas, renewable energy, carbon trading, waste management, telecom, automotive, leasing, real estate and hotel.
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Education
University degree in Economics, Academy of Economic Studies Bucharest, 1993.
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Thought leadership
Author of energy articles and reports in Financial Newspaper, Romanian Wall Street Journal, Business Digest, Business Review, Finmedia and The Diplomat.
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Speaking
Speaker at selected seminars, conferences and energy user groups in Romania and abroad.
Contact
Discuss your financing or transaction mandate
Bucharest, Romania
We work with developers, investors and lenders active in Romanian renewables.