How does a wind project become a national energy landmark? Through bold partnerships, strategic financing, and unwavering ambition. Rezolv Energy and Low Carbon Investment Management have just secured nearly $386 million from a powerhouse banking consortium to push forward the second phase of Romania’s massive Vifor wind farm. With a total capacity of 461 MW upon completion, this project isn’t just scaling renewable infrastructure—it’s reshaping Eastern Europe’s energy future. Here's how the numbers, the players, and the strategy behind Vifor are setting new standards.

Power in Numbers: Financing the Future of Wind

The latest $386 million injection—led by First Look Solutions, the Rezolv-Low Carbon joint venture—adds to a cumulative $725 million in senior debt financing for the Vifor project. Notable contributors include the European Bank for Reconstruction and Development (EBRD), which provided $51 million, alongside key players like UniCredit, IFC, and Erste Group. This second-phase financing builds on the $314 million already secured in mid-2024 for Phase 1. Together, these figures reflect a rising institutional appetite for renewables in emerging European markets.

Scaling Up: Vifor’s Strategic Expansion Blueprint

Located in Buzau County, Romania, the Vifor wind farm is poised to become a flagship onshore wind development in the region. Phase 1, featuring 30 Vestas turbines generating 192 MW, is on track for spring 2026 completion. Phase 2 will add another 42 turbines, contributing 269 MW and bringing the total capacity to 461 MW by late 2027. The project’s commercial strength is underpinned by a blend of a 15-year Contract for Difference (CfD) at $57.22/MWh and multiple corporate PPAs covering 460 GWh annually. With 46 MW left uncontracted, there’s potential for future merchant trading or additional PPA deals.

Impacts Beyond the Grid: Catalyzing Clean Energy Investment

Beyond clean power generation, this expansion reflects a larger trend: the convergence of public institutions and private capital in accelerating the green transition. EBRD, IFC, and regional banks have not only backed this with funds but also with credibility—making it a magnet for future energy investments in Romania. Moreover, the project's innovative mix of CfD-backed capacity and corporate virtual PPAs shows a maturing market embracing flexible, risk-mitigated energy models.

Conclusion:
The Vifor wind farm is more than just another infrastructure project—it’s a bold statement of Romania’s renewable ambitions and a blueprint for energy collaboration across borders. With financing locked and turbines on the horizon, the countdown to 461 MW of wind power is officially underway. Want to stay updated on the region’s biggest renewable stories? Subscribe now and be the first to catch insights on clean energy finance, policy, and technology.