The contract was signed with a consortium comprising Spain-based COX Energy and Romania-based AJ Construction.
Nofar Energy was advised on the contract terms by law firm Clifford Chance Badea.
Last August, Nofar Energy purchased Aviv Renewable Investment, the project company developing a 160 MW photovoltaic park in Giurgiu County, in a deal assisted by the same law firm.
The investor has over 815 MW of PV projects under construction and pre-construction in Romania, and a 155 MW connected solar project in the southern part of the country.
The company is also investing in an energy storage facility with a capacity of 120 MWh.
