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Shikun Binui and Emanuel Muntmark to build EUR 50M photovoltaic park in Satu Mare

Shikun & Binui Energy, the energy investment arm of Shikun & Binui, the biggest Israeli real estate developer, will earmark as much as EUR 50 million for one of the first large new photovoltaic projects in Romania.

Isaac Isman, VP of Business Development Shikun & Binui Energy says that the photovoltaic project in Satu Mare will be one of the largest photovoltaic projects in Romania, and this is just the beginning.

The photovoltaic park has received the approval of the connection from Transelectrica, and the project is planned to be completed during 2022.