Greenvolt Group has secured 58.5 million euros in project finance with Erste Group Bank AG and Banca Comercială Română (BCR) to support the development of a 49.8 MW onshore wind project located in Săcele, in the Dobrogea region, southern-eastern Romania.

The financing supports the project’s continued progress, with construction works already underway and completion expected in the second quarter of 2026.

“Central and Eastern Europe, and Romania in particular, remain strategic markets for Greenvolt, where we continue to execute and deliver high-quality projects with a clear and tangible impact on the energy transition – essential for environmental reasons, and also for strengthening energy independence and security, which are increasingly critical drivers of growth and stability for countries” said João Manso Neto, CEO of the Greenvolt Group.

In Romania, Greenvolt has a utility-scale pipeline of wind (555 MW), solar (77 MW), and battery energy storage (156 MW), while is also present in the distributed generation segment, delivering on-site renewable energy solutions for corporate and industrial customers, though Greenvolt Next.