BIG Mega Renewable Energy secures financing for Văcăreni wind farm

By Global Infrastructure Sherpa · Jan 26, 2026

Financing Onshore Wind closed Romania

USD100M

Deal Value

102 MW

Capacity

construction

Stage

Văcăreni wind farm

Project

BIG Mega Renewable Energy has reached financial close for its Văcăreni onshore wind project in Tulcea county, Romania, with a financing package of over EUR 100 million. The project is backed by a 10-year power purchase agreement with a major European energy trader. The Văcăreni wind farm will have an installed capacity of 102 MW.

Deal Analysis

BIG Mega Renewable Energy's successful financial close for the 102 MW Văcăreni onshore wind farm in Romania signifies continued investment in renewable energy infrastructure within the European market. The project, located in Tulcea county, has secured over EUR 100 million in financing, supported by a 10-year power purchase agreement with a major European energy trader. This financial backing underscores the project's viability and attractiveness to lenders such as Erste Group Bank and Intesa Sanpaolo, demonstrating confidence in the long-term revenue stream generated by the wind farm. CJR Renewables is involved in the project as well. The involvement of BIG Shopping Centers and MEGA OR Holdings as investors further highlights the growing interest from diverse investment entities in renewable energy assets. The Văcăreni wind farm represents a significant addition to Romania's renewable energy capacity and contributes to the country's efforts to meet its climate goals. The project's progression to the construction stage following financial close indicates a commitment to timely execution and delivery of clean energy to the grid.

Over EUR 100 million project financing secured for a 102 MW onshore wind farm.
Backed by a 10-year power purchase agreement with a major European energy trader, ensuring revenue stability.
Involvement of established lenders like Erste Group Bank and Intesa Sanpaolo.
Participation of BIG Shopping Centers and MEGA OR Holdings as investors, showcasing broader investment interest in renewable energy.

Market Context: The European onshore wind market is experiencing sustained growth, driven by ambitious renewable energy targets and decreasing technology costs. Romania, in particular, is actively developing its renewable energy sector to diversify its energy mix and reduce reliance on fossil fuels. Project financing is a common method for funding these capital-intensive projects.