MetaWealth announced that it signed an agreement to acquire a 50 MW/100 MWh standalone battery energy storage project in Dolj county. Estimated at approximately EUR 20 million, it brings the company’s Romanian storage portfolio to 148 MW/300 MWh.
The agreement was signed on November 4, the company said. The project has secured its land, technical grid connection approval, and building permit, with construction scheduled to begin in the second quarter of 2027 and commercial operations expected in the third quarter.
The Dolj facility joins MetaWealth’s Dumbrava project in Neamț county and Sânpaul project in Mureș county. All three are expected to become operational during next year.
“In August, our 100 MWh Dumbrava project reached financial close with CEC Bank. Less than three months later, we have three projects in three regions of the country, all scheduled to reach commercial operation in 2027,” MetaWealth founder and CEO Michael Topolinski said.
“For 2028, our goal is to achieve commercial operation for an additional 500 MWh,” he added. “We are building a platform designed to grow over the long term, in an energy system that needs storage capacity.”
The Dumbrava project is already under construction and is due to start commercial operations in the second quarter of 2027. MetaWealth secured a EUR 19 million financing package for the facility in August, including a seven-year senior loan of approximately EUR 10 million from CEC Bank.
Meanwhile, construction of the Sânpaul facility is scheduled to begin in the first quarter of 2027, followed by commercial operations in the third quarter.
Battery facilities store electricity when production exceeds demand, including during periods of high solar generation, and return it to the grid during peak consumption hours.
Romania had approximately 2.31 GWh of installed storage capacity at the beginning of October, according to MetaWealth. An energy adequacy study prepared for grid operator Transelectrica estimated that the country will need roughly 6,000 MWh of battery storage in 2027.
Next year, Unit 1 of the Cernavodă nuclear power plant, which accounts for around 10% of Romania’s electricity generation, is scheduled to be taken offline for a 32-month refurbishment. The Transelectrica study found that the system may fail to meet its required adequacy standard under the reference scenario, with the most critical periods expected during winter peaks.
MetaWealth also launched a sale process for the Dumbrava project, which is expected to continue until the facility begins commercial operations. The company said it had received six offers, while more than a dozen parties were participating in the process.
Under its model, MetaWealth plans to develop and sell its first three storage projects after they become operational, while retaining subsequent facilities for energy arbitrage and long-term trading.
MetaWealth is a European real asset investment platform that originates, develops, and provides investors with access to selected investments in real estate and energy infrastructure. Launched in 2023, it reported more than 1,400 investors from 28 countries as of July 31, 2026, and has completed 14 transactions across four European countries in under four years.
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