Spanish developer Elawan Energy has secured two wind power projects with a combined capacity of 92MW in Romania’s latest public auction. These projects were awarded under a 15-year Contract for Difference (CfD), ensuring stable revenue over the full contractual period.
Both wind farms are currently at ready-to-build status and are expected to begin commercial operations in 2028. This agreement marks a key milestone in Elawan’s development activities in Eastern Europe, a strategic market for the Madrid-based group.
Regional deployment and portfolio strategy
Present in fifteen countries, Elawan Energy manages a portfolio of 267 projects totalling 2.1GW of installed capacity, 830MW under construction, and a development pipeline exceeding 11.7GW. Entry into the Romanian market is part of the company’s regional expansion strategy, focused on long-term public partnerships.
The company develops, builds and operates wind, solar and hydroelectric projects, covering the full clean electricity production cycle. Its operational footprint spans Europe, the Americas, Turkey and South Africa.
Commercial visibility and contractual framework
The Contract for Difference (CfD) mechanism adopted by Romania allows renewable energy producers to benefit from a guaranteed tariff, reducing exposure to wholesale market volatility. This approach aims to attract investment in generation infrastructure and diversify the country’s energy sources.
Securing these two projects gives Elawan Energy long-term visibility on its revenue streams in the region, while meeting requirements necessary to initiate construction phases. No financial details on the value of the contracts or project investment costs have been disclosed by the company.
Structured development and regulatory framework
Romania is expanding its renewable energy capacity under its European commitments, gradually structuring its market around stable support instruments. The use of CfDs is part of this framework, enabling improved planning for private energy projects.
The award of these two projects adds to Elawan’s ongoing portfolio growth, without disruption to its operations in other target markets. The group thus demonstrates its ability to adapt to diverse regulatory environments for long-term energy asset development.
