Austria based Enery has secured more than €250 million (~ $298.84 million) in long-term portfolio project financing, with ČSOB as sole lender and United Bulgarian Bank AD and ČSOB Slovakia as subparticipants. The financing supported renewable assets in Czechia, Slovakia, Bulgaria and Slovenia. The financing was structured as a portfolio project finance with a single borrower, supported by operating company guarantees, and carried a 22 year tenure. The proceeds were allocated to develop around 300 MW of solar PV capacity and 100 MW / 220 MWh of co-located battery storage across the four markets. The portfolio combined solar generation with storage to support grid operations and electricity supply.