The assets were acquired from Greenvolt Power, part of Portuguese group Greenvolt, and benefit from a CfA, a mechanism ensuring long-term financial stability.
The project includes 42 wind turbines and is scheduled to become completely operational in 2027.
At present, ENGIE Romania owns and operates three wind parks, with a total 178 MW capacity, and six solar parks, with 70 MWp installed power. With the integration of the Ialomita project, the company’s total renewable power capacity is due to reach around 500 MW.
Besides the Ialomita project, the company has secured CfAs for another two investments, a wind and a solar park, with overall 224 MW capacity. Together with the existing portfolio, these projects support ENGIE’s objective of going beyond the threshold of 1 GW installed renewable energy production and storage capacity in Romania by 2030.
(English version by Catalina Apostoiu)