The financing supports the project's continued progress, with construction works already underway and completion expected in the second quarter of 2026. Once operational, the wind farm will add renewable generation capacity to Romania's power system, contributing to the country's energy security and decarbonisation objectives.
"Central and Eastern Europe, and Romania in particular, remain strategic markets for Greenvolt, where we continue to execute and deliver projects with a clear impact on the energy transition," said João Manso Neto, CEO of the Greenvolt Group.
"By supporting this project, Erste Group continues to reinforce its commitment to support renewable energy infrastructure in Romania. This financing reflects our confidence in Greenvolt's track record and in the long-term fundamentals of the Romanian renewable energy market," said Ladislav Tolmáči, Head of Desk Project Finance, Erste Group Bank.
The project strengthens Greenvolt's presence in CEE, where the group continues to advance a utility-scale pipeline across wind, solar and battery energy storage. In Romania, Greenvolt has a utility-scale pipeline of wind (555 MW), solar (77 MW), and battery energy storage (156 MW).
