This agreement involves the supply of a fully integrated battery energy storage system (BESS) with a minimum storage capacity of 116.96 MWh, marking it as one of Romania's largest projects of its kind.
The project receives non-reimbursable funding from the Ministry of Energy through the National Recovery and Resilience Plan (PNRR).
This investment represents the most extensive storage project in Visual Fan's portfolio.
Shares in Visual Fan were up 3.24% to RON 19.10 on Tuesday lunch trading on the BVB.