Romania has attractive market fundamentals, a clear energy transition agenda, and established offtake routes through Contract-for-Difference (CfD) auctions, corporate Power Purchase Agreements (PPAs) and a mature electricity market.

On 20 January 2025. Scatec signed a 15-year Contract-for-Difference (CfD) with Opcom, the Romanian electricity market operator. The CfD will cover approximately 70% of the estimated production from a 190 MW solar portfolio, with the remaining production being sold in the Romanian wholesale electricity market.

The contracts were awarded in the first CfD auction in Romania funded by the EU Modernisation Fund. The Modernisation Fund is an EU programme established to support selected member states to meet their energy targets. With this award, Scatec will advance its first project portfolio in the country which is being developed in collaboration with Defic Globe, Scatec’s local partner. The projects are in Dolj and Olt counties in the southernmost part of Romania.

Scatec will have a 65% ownership stake in the solar plants and procure key components for the project, comprising about 30% of total capex. Our partner DEFIC Globe Enerji A.Ş. (Defic Globe), a subsidiary of Emsolt Investments and YEO Teknoloji Enerji, will have a 35% ownership stake and provide turnkey EPC to the project. Scatec will further provide Operations & Maintenance (O&M) and Asset Management (AM) services for the portfolio.