MetaWealth has agreed to acquire a 50 MW/100 MWh battery storage project in Dolj county, Romania, taking its domestic development portfolio to 148 MW and 300 MWh across three facilities. The deal comes as investors accelerate their exposure to Romania’s flexibility market.
The project is expected to require about EUR 20 million of investment. Construction is planned for the second quarter of 2027, with commercial operation targeted within the three months following the planned start.
Dolj project and portfolio strategy
The Dolj project has secured land rights, a construction permit and technical approval for its grid connection. Its proximity to an existing connection point is expected to limit additional infrastructure spending.
The acquisition follows MetaWealth’s Dumbrava and Sanpaul battery projects, both expected to enter operation in 2027. MetaWealth plans to sell its initial projects after commissioning to recycle capital and realise development gains, while retaining later assets to earn recurring income from trading and energy arbitrage.
At Dumbrava, the company has begun looking for a buyer ahead of its planned commissioning in the second quarter of 2027.
Romanian storage pipeline
A separate 50 MW/100 MWh battery project in Neamt county recently entered construction. MetaWealth is developing it with Romanian engineering company Parapet, and the project has secured EUR 19 million in financing.
MetaWealth has outlined around EUR 110 million of investment to develop 650 MWh of battery storage in Romania and plans to commission another 500 MWh during 2028. The expansion is taking place amid rising renewable penetration, volatile day-ahead spreads and increasing demand for balancing and flexibility services.
