KKR, GreenVolt, and Renovatio to invest in Romanian wind farm

Business Forum
A new wind project, with a total capacity of over 250 MW and an estimated value exceeding €400 million, was announced by Marian Pavel, the President of the Ialomița County Council.

Developed by a partnership between KKR, GreenVolt, and Renovatio, the project involves building three wind farms across four localities: Țăndărei, Gheorghe Lazăr, Grivița, and Ograda. The completion is scheduled for 2027.

Marian Pavel, President of the Ialomița County Council, said, "The constructors were encouraged to collaborate with local companies and communities for mutual benefit."

The Ialomița Wind Farm will contribute to strengthening Romania's energy transition and achieving national goals for reducing carbon emissions and increasing the share of renewable energy in the energy mix.

RECOMMENDED
RECOMMENDED FROM THE HOME PAGE
Romanian wholesale trade grows 2.3% in Q1 2026
Economy

Romanian wholesale trade grows 2.3% in Q1 2026

Romanian wholesale trade turnover (excluding motor vehicles and motorcycles) increased by 2.3% in the first three months of 2026 compared to the same period last year, according to data published by the National Institute of Statistics (INS).

Finance

Intesa Sanpaolo Bank Romania CEO resigns

The Board of Directors of Intesa Sanpaolo Bank Romania has acknowledged the resignation of Alessio Cioni from his roles as General Manager and Chairperson of the Management Committee (CEO).

Industry

Electro-Alfa International posts 12% revenue growth in Q1 2026

Electro-Alfa International, a Romanian manufacturer of electrical equipment and provider of EPC and IT services, reported revenue growth and profitability for Q1 2026. The company's total revenues reached €25.7 million, up 12.2% compared to Q1 2025. Net profit increased by 2.9% to €6.2 million, supported by a 2% increase in EBITDA, which reached €10.6 million.

READ MORE
Business Forum  |  28 May, 2026 at 7:15 PM
Business Forum  |  28 May, 2026 at 6:24 PM