Greenvolt secures €348 million financing for Romanian wind project

Business Forum
Greenvolt Power has secured €348 million in financing for the construction of a 253.1 MW wind project in Ialomița county, Romania.

The financing package was structured alongside a group of leading financial institutions including UniCredit Bank, Erste Group Bank, Raiffeisen Bank, Société Générale, BRD and Siemens Bank.

The project represents one of the largest private renewable energy developments currently under construction in Romania and is expected to reach commercial operation in 2027. With a sales agreement signed with Engie Romania at the end of 2025, Greenvolt Power remains responsible for construction and commissioning until commercial operation date.

"A project of such scale and characteristics naturally requires significant capital and a solid financial structure, which we have once again secured from renowned financial institutions," said João Manso Neto, CEO of Greenvolt Group. "Their support clearly reflects confidence in our execution capabilities and our ability to deliver."

The Ialomița wind farm will become one of the largest private renewable energy developments currently under construction in Romania and is part of the broader Wind Rose platform (506 MW), one of the country's significant private renewable energy initiatives.

In Romania, Greenvolt Group owns a utility-scale project portfolio comprising 555 MW of wind energy, 77 MW of solar energy and 156 MW of battery energy storage projects. The company is also active in the distributed generation segment, offering on-site renewable energy solutions for corporate and industrial clients through Greenvolt Next.

RECOMMENDED
OMV Petrom starts development of three wind projects in Romania
Energy

OMV Petrom starts development of three wind projects in Romania

Energy producer OMV Petrom and RNV Infrastructure have announced that three wind projects in Romania, with a total installed capacity of approximately 300 MW, are entering the execution phase following the final investment decision. The projects hold the necessary permits, with production expected to begin in stages from H1 2027.

RECOMMENDED FROM THE HOME PAGE
Electrica secures grid permits for 700 MWh of storage
Energy

Electrica secures grid permits for 700 MWh of storage

Energy company Electrica informs investors and the capital market that it has obtained the technical grid connection permits (ATR) for 17 new battery energy storage projects (BESS), with a total capacity of approximately 700 MWh.

Energy

Romanian grid operator to support peak power consumption during heatwave

Romania's national electricity transmission network operator, Transelectrica, has halted scheduled maintenance shutdowns to ensure the grid operates at maximum capacity during an ongoing extreme heatwave. The preventive measures aim to mitigate operational risks associated with severe weather conditions.