CCE is an integrated developer and operator of Solar PV and Storage projects across Europe and Chile, with a pipeline of over 7.2 GW under development. Renalfa Solarpro Group is a player in the renewable energy sector, with a presence in CEE.
Varinia Radu, Head of Energy and Projects at CMS Romania, added: "This transaction shows that the trend in the M&A RES energy market is still strong, with consolidations of portfolios from some of the players; we are delighted to have been instrumental in bringing this deal to fruition, as Horia 2 is shaping to be one of the largest solar projects in the country. This transaction is a perfect example of investors' persistent confidence in the Romanian market."
The transaction is due to complete in Q1 2026 subject to fulfillment of the necessary conditions precedent, and the parties undertook to continue collaborating until the project reaches the commercial operation stage.
