Current Report 6/2025 – ESPI – Execution of a Financing Agreement for the Construction of 23 MWp PV Projects in Romania - R.Power Renewables

Current Report 6/2025 – ESPI – Execution of a Financing Agreement for the Construction of 23 MWp PV Projects in Romania

The Management Board of R.Power S.A., with its registered office in Warsaw (the “Issuer”), announces that on 25 March 2025, a Romanian special purpose vehicle from the R.Power Group (the “Borrower”) entered into a project finance credit agreement with Bank Gospodarstwa Krajowego (the “Lender”) for a total amount of approximately EUR 12.4 million (the “Financing”).

The Financing includes funds for currently constructed photovoltaic power plants, ancillary financing, and a guarantee line securing the obligations under PPA agreements. This is subsequent financing agreement signed with the Lender, the previous one covering a portfolio of PV projects in Poland was signed in 2024, as reported by the Issuer in current report No. 21/2024. It is also the first long-term agreement of this kind signed by the Issuer in connection with the development of PV projects in Romania.

The individual components of the Financing bear interest on market terms. In addition, the Financing includes standard obligations related to the maintenance of financial ratios and compliance with information obligations, as well as provisions concerning events that may trigger early repayment of the Financing.

Legal basis: Article 17(1) of MAR – insider information.