The return of the big renewable energy project developers such as Renovatio or the Monsoon group, as well as the appetite of strategic investors, such as Enel, for green power, confirm Romania is at the start of a new wave of wind farm or solar park projects.

Eolenerg Project is the latest project company to have secured the technical connection permit for a 49.8 MW wind farm in Constanta. The investment, if made, should be worth EUR40 million.

Eolenerg’s owner is Renovatio Asset Management, a company registered in Cyprus, as well as Alexandru Teodorescu, chief executive officer of the Renovatio group, according to publicly available data.

Besides green power generation, Renovatio is now one of the major investors in electric mobility.

(English version by Loredana Fratila-Cristescu)