Rezolv Energy, a renewable energy developer with backing from the UK-based investment firm Actis, is pursuing financing from the European Bank for Reconstruction and Development (EBRD) for a significant onshore wind project in southeastern Romania. This initiative aims to bolster the country’s renewable energy capacity amid a growing demand for sustainable power solutions.
The wind farm is proposed to be situated in Constanța County, close to Deleni, and is designed to achieve an installed capacity of up to 315 MW. Currently, the project is undergoing an early assessment phase with the EBRD, which is anticipated to conclude with a financing decision by July 22. The specific amount of funding requested has not been publicly disclosed.
Should the financing be approved, it will be allocated through Midmar Callatis, a wholly-owned Romanian subsidiary of Rezolv Energy. The financial support is intended to facilitate the construction and operational phases of this greenfield wind project, which underscores the strategic importance of expanding renewable energy infrastructure in Romania.
Project documentation indicates that the wind farm will consist of 49 turbines, each with a capacity of approximately 6.4 MW. Notably, most of the designated project area is classified as agricultural land, raising considerations regarding land use and environmental impact.
The environmental permitting process has been extensive, spanning from 2011 to 2025. It includes thorough environmental impact assessments and evaluations concerning Natura 2000 protected areas. Authorities have determined that the project is unlikely to result in significant environmental harm, leading to a favorable ruling from the Constanța County environmental protection agency.
This wind initiative is part of Rezolv Energy’s broader strategy to enhance its renewable energy portfolio in Romania. Earlier this year, the company also submitted a request for financing for a substantial solar power project in Arad County, which aims for an installed capacity nearing 1.24 GW. This move reflects an ongoing commitment to diversify and expand renewable energy resources within the region.
