Abu Dhabi’s sovereign wealth fund Mubadala Investment Company has announced a strategic €300 million investment to partner with UK-based sustainable infrastructure investor Actis in Rezolv Energy, marking a significant expansion of its European renewable energy portfolio. This substantial financial commitment positions Mubadala as a joint controller of the rapidly growing clean energy platform operating across Central and Eastern Europe.
Rezolv Energy, established by Actis in 2022, has rapidly emerged as a leading renewable developer in a region grappling with energy security challenges and increasingly stringent climate regulations. The platform currently maintains an impressive development pipeline featuring 750 megawatts of renewable projects under construction in Romania and Bulgaria, complemented by an additional 1.5 gigawatts of solar and wind capacity in advanced development stages. Among its flagship projects is the Dama solar facility in Romania, poised to become Europe’s largest solar power generation project upon completion.
The investment represents a strategic alignment between Mubadala’s decarbonization objectives and Rezolv’s operational expertise. The platform’s leadership team brings over fifteen years of regional clean energy development experience, having previously developed landmark wind projects in Croatia, the Czech Republic, and Romania. Mubadala’s capital infusion, combined with Actis’s continued support, is expected to accelerate Rezolv’s expansion and solidify its position as a market-leading renewable producer.
Saed Arar, Head of Infrastructure at Mubadala Real Assets, emphasized that the commitment reflects the fund’s strategy to build scalable real-asset platforms that enable the transition to a low-carbon economy. Rezolv CEO Alastair Hammond noted that Mubadala’s involvement would enable the company to pursue even more ambitious energy transition goals across Central and Eastern Europe.
This investment forms part of Mubadala’s broader global renewable strategy, which includes significant positions in Tata Power’s renewables platform in India and Skyborn Renewables, the world’s largest private offshore wind developer. The EU’s recent regulatory approval of Mubadala’s joint control of Rezolv underscores the strategic importance of this partnership within Europe’s renewable energy market.
The move simultaneously advances the UAE’s broader ambitions to expand its international economic influence, diversify beyond hydrocarbons, and position itself as a global leader in climate action and energy security solutions for emerging markets.
