Enery, an independent producer of renewable energy in Central and Eastern Europe (CEE), announces the start of the Ogrezeni hybrid project in Giurgiu County, Romania. With an installed capacity of 761 MWp/ 534 MW AC and more than 1 GWh of battery storage, Ogrezeni will be one of the largest hybrid projects in Europe. Once operational, the PV park will generate enough green energy to power the equivalent of about 684,000 households and avoid about 303,000 tons of CO₂ emissions per year.
Site work is scheduled to start in the first quarter of 2026 and commissioning is planned for summer 2027. The project represents an important milestone in Enery's portfolio in Romania and supports the country's decarbonization and energy security objectives by providing large-scale renewable capacity injected into the grid.
Through Ogrezeni, we are taking a major step forward in delivering large-scale renewable energy that creates long-term value not only for our partners, but also for local communities and the Romanian energy system as a whole
say Richard König and Lukas Nemec, co-founders of Enery.
This project reflects our strategy to combine strong development and execution capabilities with deep local participation. By working with local partners, contractors and stakeholders, we are ensuring that the benefits of the energy transition are widely shared - from reliable green energy and new jobs to sustainable investments in communities.
say Richard König and Lukas Nemec, co-founders of Enery.
The project is based on Enery's partnership with the Three Seas Initiative Investment Fund (3SIIF), an infrastructure investment fund that finances energy, transport and digital infrastructure projects in the EU Member States of Central and Eastern Europe, with the aim of strengthening connectivity, energy security and economic growth in the Three Seas region, located between the Baltic Sea, the Adriatic Sea and the Black Sea.
The Ogrezeni project is supported by a €460 million project finance financing agreement signed on December 24, 2025 with a consortium of eight commercial banks, led by UniCredit.
We are pleased to start this landmark project which, once completed, will make an important contribution to the region's energy security,” said Edward Randolph, Enery Investment Board Member representing 3SIIF, and Chief Investment Officer at Amber Infrastructure. „Through the Bank for Investment and Development, Romania is a key participant in the Three Seas Initiative Investment Fund (3SIIF). We are pleased to support this project and continue 3SIIF's track record of investing in Romania's energy infrastructure
added Alexandra Bocse, Investment and Development Bank of Romania.
Enery, co-founded just six years ago by Richard König, Lukas Nemec and RP Global, has developed its business in a truly remarkable way. As construction begins on one of the largest renewable projects in Europe, we are very proud to continue, through RPG Capital, to be part of this story and look forward to further successes from Enery's high performing team
said Gerhard Matzinger, CEO RP Global.
During the construction period, the project will generate significant employment opportunities, with around 350 people involved alone, and will stimulate demand for local services including accommodation, restaurants and logistics. After commissioning, operation and maintenance will be carried out using local resources, through collaboration between Enery's in-house team and specialized service providers in Romania. In the operational phase, the project will create permanent local jobs and support indirect employment in the region.
„Ogrezeni is a flagship project for Romania - not just because of its size, but also because of the way it has been designed around local value creation”, said Liviu Gavrilă, Country Manager Romania at Enery. „From local engineering and construction companies to long-term service providers, the Romanian partners will play a central role throughout the project. The energy produced here will support the country's decarbonization efforts and direct tax revenues and economic benefits to the communities in the area.”
Enery has selected Enevo Group as the EPC main contractor for the PV project and grid connection, ensuring the integrated delivery of engineering, procurement and construction services through a local Romanian supplier with a proven track record in the construction of large-scale renewable power plants and high-voltage substations. All main engineering activities, the EPC team and a significant part of the materials will be sourced locally, strengthening the project's contribution to the national economy and supply chain resilience.
„The fact that we have been selected by Enery to carry out the work on the Ogrezeni project is a major milestone for us”said Cristian Pîrvulescu, CEO of ENEVO Group. „As an EPC focused on building and integrating renewable energy into the grid, we are proud to contribute to what is set to become the largest photovoltaic power plant in Romania. We thank Enery for choosing a Romanian contractor and for their commitment to maximize the local component of such an important investment project.”