Greenvolt secures €348M financing for 253.1 MW Wind Rose onshore wind farm in Romania, with project sale to ENGIE Romania at COD

By Global Infrastructure Sherpa · Feb 26, 2026

Financing Onshore Wind announced Romania Feb 26, 2026

253.1 MW

Capacity

construction

Stage

Wind Rose (Ialomița project)

Project

Greenvolt has secured €348 million in project financing from a consortium of six leading banks for the construction of a 253.1 MW onshore wind farm in Romania's Ialomița district. This project is part of the larger Wind Rose platform and is slated for commercial operation (COD) in 2027. Concurrently, Greenvolt Power, a subsidiary, signed a sales contract with ENGIE Romania in late 2025, under which ENGIE Romania will acquire the project upon its completion and COD. Greenvolt Power will retain responsibility for construction and commissioning until the transaction's finalization. This significant financing underscores the robust investor confidence in Greenvolt's project execution capabilities and its strategic expansion within the Romanian renewables sector.

Deal Analysis

Greenvolt has secured €348 million in project financing for the 253.1 MW Wind Rose onshore wind farm in Romania, signaling a major investment in the country's renewable energy infrastructure. The financing, provided by a consortium of six banks including Erste Group Bank, BRD, Raiffeisen Bank, Siemens Bank GmbH, UniCredit, and Société Générale, will facilitate the construction of the wind farm in Ialomița district, with commercial operation targeted for 2027. Simultaneously, Greenvolt Power has entered into an agreement to sell the project to ENGIE Romania upon completion, demonstrating a strategic exit strategy for Greenvolt and expansion of ENGIE's renewable portfolio in the region. Greenvolt Power will oversee construction and commissioning until the project's transfer to ENGIE Romania. This transaction highlights the growing attractiveness of the Romanian renewable energy market and the increasing appetite for large-scale onshore wind projects. The involvement of major European banks underscores the bankability of Greenvolt's projects and the confidence in Romania's regulatory environment for renewable energy investments. The deal structure, involving project financing followed by a pre-arranged sale to a major utility like ENGIE Romania, provides a de-risked investment profile, attracting both lenders and strategic buyers. This model could be replicated in other emerging renewable energy markets.

€348 million project financing secured for a 253.1 MW onshore wind farm.
Consortium of six leading banks involved in the financing.
Project sale to ENGIE Romania upon completion (COD) in 2027.
Greenvolt Power responsible for construction and commissioning.

Market Context: The deal takes place within the context of increasing investment in renewable energy projects in Europe, particularly in Eastern European countries like Romania, as they strive to meet EU renewable energy targets. Onshore wind is a well-established technology and a key component of the energy transition.

Source Intelligence

KEY DETAILS

The Wind Rose platform has a total capacity of 506 MW. "O projeto integra a plataforma Wind Rose (506 MW) e deverá entrar em operação comercial (COD) em 2027." Greenvolt has a portfolio in Romania that includes 555 MW of wind, 77 MW of solar, and 156 MW in battery storage projects. "No país, o grupo detém um portefólio utility scale que inclui 555 MW eólicos, 77 MW solares e 156 MW em projetos de armazenamento em baterias, além de atividades no segmento de geração distribuída através da Greenvolt Next."

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Deal Size

A Greenvolt garantiu um financiamento de 348 milhões de euros para construir um parque eólico de 253,1 MW no distrito de Ialomița, no sudeste da Roménia.

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Capacity

A Greenvolt garantiu um financiamento de 348 milhões de euros para construir um parque eólico de 253,1 MW no distrito de Ialomița, no sudeste da Roménia.

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Location

A Greenvolt garantiu um financiamento de 348 milhões de euros para construir um parque eólico de 253,1 MW no distrito de Ialomița, no sudeste da Roménia.

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Announcement

Publicado a : 26 Fevereiro 2026, 12:08

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COD

O projeto integra a plataforma Wind Rose (506 MW) e deverá entrar em operação comercial (COD) em 2027.

PARTIES MENTIONED IN SOURCE

UniCredit lender