Greenvolt Group has secured €284 million in project financing for its 253.1 MW Gurbanesti wind farm in Romania, extending the funding arranged for its two-project Wind Rose platform to €632 million. The Gurbanesti project is under construction in Călărași county and is scheduled to reach commercial operation by the end of 2027.
The wind farm will install 42 GE Vernova turbines with 158-metre rotor diameters. A supply agreement covering the turbines was announced in December 2025. The project covers the municipalities of Gurbanesti, Nicolae Bălcescu and Valea Argovei.
Contracts for Difference support and financing participants
Revenue support for part of the project’s future output is linked to Romania’s Contracts for Difference scheme, including participation through the August 2025 auction. The financing involves eight institutions: UniCredit, Erste Group Bank, Banca Comercială Română, Siemens Bank, Société Générale, BRD, ING Bank and Alpha Bank.
Wind Rose second site and wider development portfolio
The second Wind Rose development is the 253.1 MW Ialomița wind farm, which is also under construction. It is expected to begin operating in 2027, after Greenvolt arranged €348 million of financing for the project in February.
The KKR-backed group reports a Romanian development portfolio comprising 707 MW of wind, 58 MW of solar and 209 MW of battery storage. With funding secured for roughly 506 MW across the two wind farms, the next milestone is delivery, covering construction, grid connection and commissioning to convert funding commitments into operating assets.
