The project is located in Romania’s central-southern county of Arges and is in the ready-to-build stage. Upon completion it will be one of the largest grid-scale storage assets in Southeast Europe.

Repono AB is a Swedish-based independent energy storage operator and developer focused on deploying large-scale battery energy storage systems (BESS) across Europe.

The team of lawyers who assisted on this mandate included Partners Roxana Ionescu and Bogdan Cordos, Vlad Stamatescu (Counsel) and George Capota (Associate).

“Energy remains a hot investment topic, not only in Romania, but also in Eastern Europe, where there is still room for growth, and renewable projects and storage capacities will remain in the spotlight for acquisitions. The transaction we have just helped to close is fully in line with this trend and contributes to Romania’s energy transition”, said Bogdan Cordos, Partner at RTPR.