Renewable energy developers OX2 and Scatec have marked a construction milestone at the 77 MW Urleasca 2 wind farm in Romania’s southeastern Brăila County, bringing the project closer to its planned commissioning in the second half of 2028.
The project was developed by OX2 and acquired by Norway-based Scatec in July 2026, with Scatec holding full ownership. OX2 is managing construction through commissioning, while CJR Renewables is carrying out construction works, EnergoBit is responsible for grid connection works and Nordex is supplying the turbines.
The wind farm will comprise 11 Nordex turbines, with a total installed capacity of 77 MW and estimated annual electricity generation of 244 GWh, enough to meet the annual consumption of around 71,000 households.
The total investment is estimated at approximately 168 million euros, excluding VAT, and will be financed through a combination of equity and project debt, with debt accounting for around 60% of the funding.
Erste Group and Banca Comercială Română (BCR) are acting as mandated lead arrangers and underwriters of the debt financing.
The project has secured a long-term Contract for Difference (CfD) with the Romanian state, covering approximately 57% of its expected electricity generation. OX2 secured the contract during the development phase.
“Urleasca 2 reflects what we aim to achieve through OX2’s integrated model: turning projects developed from scratch into tangible investments capable of delivering renewable energy,” said Lăcrămioara Diaconu-Pințea, Country Manager of OX2 Romania.
“Reaching this milestone reflects the commitment and collaboration of all partners,” said Pål Strøm, Scatec’s Project Director for Europe, adding that the company was focused on delivering the project safely and in line with the agreed schedule.
Urleasca 2 also marks Scatec’s entry into the European onshore wind market, complementing its existing investments in solar power and energy storage.
The company’s Romanian portfolio includes the Dobrun and Sadova solar projects, with a combined capacity of 190 MW, which are also under construction, as well as an 88 MW/176 MWh battery energy storage project in its development backlog.
“Collaboration with OX2, CJR Renewables, EnergoBit and Nordex, alongside support from our financing partners and dialogue with authorities and local communities, is essential to the successful delivery of this investment,” said Alex Pătrașcu, Scatec’s Country Manager for Romania.