The transactions mark Second Foundation’s first investments in Romania’s Battery Energy Storage System (BESS) market and represent an important step in consolidating the company’s presence in Central and Eastern Europe, while also contributing significantly to accelerating Romania’s energy transition.
The PeliPartners team involved in the project was led by Carmen Peli. Madalina Fildan-Raileanu, together with her team, handled the energy and real estate aspects of the transaction. Delia Lepadatu coordinated the transactional components, overseeing the structuring and implementation of the deal.
“We are honored to have assisted Second Foundation in their first acquisitions on the Romanian market, involving renewable energy storage projects. This represents a strategic step both for the company and for the local market, where storage solutions play a crucial role in balancing the grid and integrating renewable energy capacity. Given Second Foundation’s experience and expertise in international markets, we believe these investments are just the beginning of a journey through which they will make a lasting impact on Romania’s energy sector,” said Carmen Peli, Founding Partner at PeliPartners.
Founded in 2019 in the Czech Republic, Second Foundation has grown rapidly and is now one of the leading players in the European spot electricity markets. The company has distinguished itself through its expertise in algorithmic trading and its ability to optimize the management of renewable energy sources. Its multidisciplinary teams have driven the company’s expansion into Switzerland, Germany, the USA, and Japan, opening offices in these locations and scaling trading operations across nearly all European markets, with more than 350 employees worldwide.