Energy | 27 February, 2026 at 8:00 AM
Greenvolt secures €348 million financing for Romanian wind project
Greenvolt Power has secured €348 million in financing for the construction of a 253.1 MW wind project in Ialomița county, Romania.
Greenvolt Power has secured €348 million in financing for the construction of a 253.1 MW wind project in Ialomița county, Romania.
Greenvolt Power has secured €58.5 million in project financing from Erste Group Bank and BCR for a 49.8 MW onshore wind project in Săcele, in the Dobrogea region of south-eastern Romania.
Engie Romania has doubled its renewable energy capacity to approximately 500 MW following the acquisition of a 253.1 MW wind farm in Ialomița county from Greenvolt Power.
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.
Together, the two facilities will have an installed capacity of more than 2.8 MWp, generating more than 3 GW/h per year.
The World Bank has significantly downgraded its economic growth projections for Romania this year, lowering expectations to 0.5% from the 1.3% forecast issued at the start of 2026.
Foraj Sonde Videle has announced the acquisition of Raffles Energy, a British holding company that owns two Romanian energy companies active in natural gas and electricity production.
Econergy Renewable Energy has secured approximately €31 million in project financing from Kommunalkredit Austria to develop its 60 MW photovoltaic project in southeastern Romania.
Romanian software company Arobs Transilvania Software has completed the merger by absorption of five subsidiaries - Arobs Development & Engineering, Berg Computers, Nordlogic Software, Infobest Romania, and Centrul de Soft GPS.
The European retail sector faced a cooling period in February 2026, with the latest Eurostat data revealing a divergence between a stabilising Union and a sharply declining Romanian market.