Copenhagen Infrastructure Partners secures €510M financing for 392 MW Pestera II onshore wind farm in Romania

Type: Financing · Technology: Onshore Wind · Country: Romania · Capacity: 392 MW · Value: EUR 510M · Announced: 2026-06-25

Copenhagen Infrastructure Partners, through its Growth Markets Fund II, secured €510 million of project financing for the 392 MW Pestera II onshore wind farm in Constanța County, Romania. The financing package was provided by a consortium of seven banks – Erste Bank, Banca Comerciala Romana, Deutsche Bank, Societe Generale, BRD, Eurobank and Piraeus Bank – and is complemented by equity from the European Investment Bank. The wind farm will feature 56 Nordex N163‑6.X 7.0 MW turbines supplied by Nordex, with Electrogrup handling balance‑of‑plant works and Blue Power Partners overseeing construction management, targeting commercial operation in 2028. The deal marks one of the largest non‑recourse renewable financings in Central and Eastern Europe, demonstrating the ability of EU‑backed CfD frameworks to attract institutional capital to Romania’s energy sector. Legal counsel was provided by Clifford Chance, Filip & Company and Accura, while Aurora Energy Research, Environmental Resources Management, EY and Marsh acted as commercial, technical, financial and insurance advisers respectively.

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