This additional funding will enable the project to reach its full 461MW capacity.
The financing for the second phase is largely supported by existing lenders from the first phase, including Erste Group and UniCredit Group, alongside the EBRD, the IFC, Intesa Sanpaolo Group, and OTP Bank. Raiffeisenlandesbank Niederösterreich-Wien has also joined the syndicate.
Phase 1 of the project, with a capacity of 192MW (30 turbines of 6.4MW each), is currently under construction and is scheduled to be operational by spring 2026. Phase 2, slated for commissioning in Q4 2027, will add 42 turbines, increasing the overall project capacity to 461MW – enough electricity to power over 700,000 homes.
Once fully operational, the project will become the largest wind farm built in Romania over the last decade and one of Europe's largest onshore wind farms.
Alastair Hammond, CEO, Rezolv Energy, said: “With phase 1 of the Vifor project scheduled for completion by spring 2026, this financing allows us to move seamlessly into phase 2 and take the project to its full capacity.”
Beyond the Vifor wind farm, Rezolv Energy's projects include Dama Solar in western Romania, which at 1,044MW will be Europe's largest solar plant upon completion, and the 600MW Dunarea East & West Wind Farms in Romania's Constanța County.
