MetaWealth, a European real assets investment platform, is entering the battery energy storage system (BESS) market with multiple grid-scale storage projects in Romania, as growing renewable power generation increases demand for flexible power infrastructure.

MetaWealth’s initial BESS 22 million euros investment will total 130 megawatt-hours (MWh) across standalone and co-located assets. The first anchor project is a 100 MWh standalone battery system in Dumbrava, Neamț County, located close to existing grid infrastructure and renewable generation capacity. In parallel, the company is developing 30 MWh of co-located storage across multiple sites connected to existing grid connections.

The first 30 MWh is targeted to become operational in Q3 2026, with the full 130 MWh commissioned by Q4 2026. MetaWealth said the projects form the foundation of a longer-term Romanian storage platform, with a further 650 MWh under development across multiple sites totalling 110 million euros.

“Battery storage has moved from being a supporting technology to becoming essential grid infrastructure,” said Richard McLaughlin-Duane, who leads Origination and Structuring at MetaWealth. “In markets like Romania, renewable generation has scaled faster than system flexibility. That creates volatility, but also a clear investment case for storage when projects are built to institutional standards with the right locations, grid access, and execution discipline from day one.”

Romania generates close to half of its electricity from renewable sources, yet it has limited operational battery storage capacity. That imbalance has increased the need for grid-scale flexibility, drawing institutional attention to energy storage as essential infrastructure rather than an emerging technology.