ID Energy Group secures €6.5M junior debt with ETIC Partners to finance part of its Hungarian portfolio
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ID Energy Group secures €6.5M junior debt with ETIC Partners to finance part of its Hungarian portfolio

ID Energy Group, in collaboration with ETIC Partners, a renewable energy-focused investment fund, has successfully closed a junior debt tranche for its portfolio of two photovoltaic plants in Hungary (58 MWp).

Through the issuance of bonds, the transaction generates €6.5 million in liquidity, which can be reinvested in new projects in the region, including 180 MW of solar capacity and 400 MWh of battery storage under RTB.

The partnership with ETIC Partners strengthens ID Energy Group’s financing strategy, supporting its positioning as an independent power producer (IPP) and advancing its transition towards a model of development and ownership of energy assets

This transaction highlights ID Energy Group’s ability to attract strategic financial partners willing to support project financing, enhancing credibility for its regional expansion and IPP business model.

Operational since 2025, the plants generate approximately 80 GWh annually and avoid over 11,000 tons of CO₂eq emissions. One of the plants benefits from a long-term incentive contract with the Hungarian State under the “METAR” scheme, while the other has signed a landmark 15-year PPA with Holcim’s local subsidiary—one of the first and largest PPAs in the country.

About ID Energy Group

ID Energy Group is a global company specializing in the development, construction, and operation of renewable energy projects. With innovation and sustainability at its core, it positions itself as a key partner in the energy transition toward an IPP model.

About ETIC Partners

ETIC Partners is a fund specializing in financing renewable energy infrastructure, offering flexible and innovative financial solutions for long-term projects. With 55 years of industry experience, ETIC acts as a strategic partner for ID Energy Group through quasi-equity financing.