OX2 has sold the 77 MW Urleasca wind farm in southeast Romania to Scatec ASA. The project is a ready-to-build asset with a secured grid connection to Transelectrica and a 15-year CfD with the Romanian State covering 43 MW of capacity. The wind farm is expected to generate approximately 244 GWh annually. This is OX2’s third completed transaction in Romania. For broader developer coverage, see the Wind Developers Europe – Top 25 List.

Transaction Facts

What Happened

OX2 sold the ready-to-build Urleasca wind farm to Scatec ASA. Before the sale, OX2 had secured grid connection, permitting, and a long-term CfD with the Romanian State covering 43 MW of the project’s 77 MW capacity. This de-risking approach made the asset significantly more attractive to institutional investors such as Scatec. OX2 remains contracted to oversee the entire construction phase, which is scheduled to begin in Q3 2026 with commissioning planned for H2 2028.

Market Context

This is OX2’s third completed wind transaction in Romania, with approximately 1.5 GW in development and construction across the country. The CfD was secured in 2025 for 43 MW of the project’s installed capacity. The transaction demonstrates OX2’s ability to bring projects to the ready-to-build stage in the Romanian market.

Why It Matters

The transaction demonstrates how renewable energy developers operate: OX2 originates and de-risks projects before transferring them to long-term owners such as Scatec. OX2 secured the grid connection, permitting, and CfD support before the sale, making the asset investment-ready for the acquirer. The deal signals institutional investor confidence in the readiness and quality of OX2’s Romanian project pipeline.

Source: Renewables.Digital Transaction Page.