Verbund Wind Power Romania has acquired a fully developed 272MW wind project from Monsson.
The acquired wind project, located in Romania’s Caras-Severin County, is at the “Ready to Build” stage, with all relevant permits and connection points, and is expected to enter its construction phase in 2026.
Sebastian Enache, board member of Monsson, said: “We are happy and proud to have started this cooperation with Verbund, Austria’s leading electricity company and one of the largest producers of hydropower electricity in Europe.
“As we have anticipated for some time, the need of clean energy as a focal point of Romania’s and Europe’s electricity sector is increasing.”
This transaction showcases Verbund’s intention to expand its portfolio in the Romanian renewable energy market, where the company has been active since 2012 through the operation of its 226MW Casimcea wind farm in Tulcea County, the company said.
Adrian Borotea, Verbund Wind Power Romania managing director, said: “We are delighted to collaborate with Monsson, a well-known and respected company in Romania, in this project acquisition and look forward to future opportunities that can promote the acceleration of the energy transition in our country.
“At Verbund, we are continuously seeking to drive growth in the Romanian clean energy sector, in alignment with our sustainable business approach.”
Verbund’s 2030 corporate strategy is to significantly expand solar and wind power so that 25% of the group’s total generation will be produced from photovoltaic and wind onshore sources by the year 2030.
Romania has been defined as one of the company’s strategic target markets for the achievement of this goal.