ENNA Solar acquired 87.52 MW Romania PV project from Kraftfeld

The 87.52 MW solar project in Romania was acquired by ENNA Solar through an agreement with Kraftfeld Energy, subject to regulatory approvals.

By Prudhvi Rani 29 Apr 2025 in Market Bytes EMEA Bytes

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Caption: ENNA Solar acquired the Mihăilești project from Kraftfeld, planned to generate 133 GWh yearly across 93 hectares in Giurgiu County. — ENNA Solar acquired the Mihăilești project from Kraftfeld, planned to generate 133 GWh yearly across 93 hectares in Giurgiu County. Image Source: ENNA Group

Croatia-headquartered ENNA Solar, part of the ENNA Group, has signed an agreement with Austria’s Kraftfeld Energy. ENNA Solar agreed to buy 100% of PVP Cepheus S.R.L., the company behind a planned solar power project in Mihăilești, Romania. The plant will have a capacity of 87.52 MW and will be built on 93 hectares of land. It is expected to generate about 133 GWh of electricity each year. Construction is planned to start in the third quarter of 2025 and with completion and grid connection by the third quarter of 2026. The total investment for the project is around €60 million (about $68.25 million). Completion of the deal is pending regulatory approvals in Romania. ENNA Group’s renewable portfolio includes around 50 MW of completed or advanced projects, 350 MW under development, as well as investments in geothermal power and energy storage systems.

#Romania #MihailestiSolarProject #KraftfeldEnergy #ENNASolar

Advertisment {'id': '6810d1c7f4c9bb7b9949e689', 'source_name': 'ENNA Solar', 'source_link': 'https://www.enna.hr/en/news/enna-grupa-preuzima-projekt-solarne-elektrane-u-rumunjskoj/', 'contact_name': 'ENNA Solar', 'contact_email': '[email protected] '}

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