Ahold Delhaize agreed to buy the equivalent of 370 GWh annually for 10 years through a virtual power purchase agreement (PPA) linked to renewable projects in Romania being developed by Rezolv Energy. The deal adds a corporate offtake contract to a market moving towards larger and more sophisticated renewable agreements.
The PPA covers electricity linked to the 1.3 GW Dama solar project in Arad and the 300 MW Dunarea East wind farm in Constanta. Its volume represents roughly 14% of the projects’ combined expected production, and the agreement includes Guarantees of Origin. Deliveries under the financial arrangement are expected to begin when the facilities enter commercial operation, currently targeted for 2029.
Combining wind and solar can provide a more diversified generation pattern than a single-technology PPA, as the technologies have different generation profiles. That mix may make long-term corporate renewable procurement easier to structure.
A combined 731.2 MW from the two projects secured contracts-for-difference (CfD) support in Romania’s second CfD auction in 2025. The scheme provides policy-backed revenue support, while corporate PPAs offer an additional commercial route for electricity output and environmental attributes. This model is being used for southeastern European renewables.
Rezolv Energy’s regional portfolio totals about 2.8 GW across operating, construction and advanced-development assets in Romania and Bulgaria. Both countries are becoming increasingly important markets for institutional-scale renewable development and corporate offtake.
