However, beyond renewable energy assets, the group has also expanded into the industrial sector, where last year Metinvest, a group of steel and mining companies also controlled by Rinat Akhmetov, acquired ArcelorMittal Tubular Products Iasi, marking the group’s first manufacturing investment in Romania.
“In just a few years, DRI has developed, financed, built, and brought into commercial operation four renewable energy projects in Romania, with a total installed capacity of 299 MW,” says Murat Cinar, CEO of DRI.
DRI’s portfolio includes the Glodeni I (53 MW) and Glodeni II (60 MW) solar parks, which together make up one of the largest photovoltaic parks in the country, the 60 MW Ruginoasa wind farm —the first wind project built in Romania in the last decade—as well as the Vacaresti photovoltaic park (126 MW), which entered the commercial operation phase at the end of May, the official added.
Starting in January 2027, DRI will sell 50% of the output from the Vacaresti photovoltaic park to OMV Petrom, as part of a power purchase agreement (PPA) for photovoltaic energy in Romania, signed last December.
The only missing piece in this business ecosystem was the storage component, but the group has an investment plan.
It intends to develop battery energy storage systems at all its existing operational sites—Ruginoasa, Glodeni, and Vacaresti—for a total installed capacity of over 100 MW and estimates that these projects will become operational by 2028, subject to obtaining the necessary permits and the construction schedule, Murat Cinar said.
(English version by Loredana Fratila-Cristescu)