wind

Romania

NORD/LB joins first Romanian wind farm financing

Energy transition bank NORD/LB has joined the financing of the Green Breeze 99.2 MW wind farm in Eastern Romania, together with Erste Group Bank AG and BCR.
NORD/LB joins first Romanian wind farm financing
Courtesy of Nala Renewables.

The project, which is owned by Nala Renewables, a global renewable energy investment platform and independent power producer, is set to go live in the first half of 2026 and is currently under construction.

The Green Breeze wind farm is located mainly in the municipality of Cuca in the county of Galati, in Eastern Romania. The wind farm will consist of 16 V162-6.2 MW Vestas turbines – expected to generate around 312 GWh of clean, sustainable electricity annually. The electricity will be supplied to a leading multinational corporation under a long-term power purchase agreement (PPA).

“This project marks our first in Romania, underscoring our commitment to financing renewable energy projects that materially drive forward Europe's renewable energy transition, including rapidly emerging markets” said Florian Hock, Senior Director at NORD/LB. “The Green Breeze wind farm will play a critical role in decarbonising Romania's economy, and we're delighted to support Nala Renewables on this important project.”

Under the flagship National Energy and Climate Plan (NECP), Romania aims to increase its installed wind capacity to 7.6 GW by 2030. The Green Breeze wind farm will play its part in helping Romania to achieve this goal.

“We are delighted to have NORD/LB joining the financing group for this project” added Will Herlinger, Head of Investment at Nala Renewables. “We look forward to working with NORD/LB on both new opportunities in the CEE region, as well as other projects across the European markets in which Nala are active.”

For additional information:

NORD/LB

Nala Renewables

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