The partnership with the local developers foresees additional projects across Romania with a total combined capacity of up to 1.4 GW, reinforcing Repono’s long-term commitment to the Romanian energy storage market.
Developed by a Bucharest-based renewable energy developer, the project is ready-to-build and benefits from a grid connection contract with Transelectrica at the 220 kV Pitești Substation. Once operational, it will be among the largest grid-scale storage assets in Southeast Europe, capable of storing and releasing enough energy to supply more than 120,000 four-person households during peak-demand periods.
Gunvor, in collaboration with Enspired, the Vienna-based optimiser, will manage the offtake and market optimisation strategy, ensuring efficient integration into the Romanian and regional power markets.
“This transaction represents an important milestone for Repono AB and demonstrates our continued commitment to developing large-scale storage infrastructure that supports Europe’s energy transition” said Karim Nils Grueber, CEO of Repono AB.
The transaction and closing were successfully enabled with the legal support of the Romanian law firm RTPR, whose expertise ensured a smooth execution within the Romanian regulatory framework.
The Argeș project will play a pivotal role in enhancing grid stability, balancing renewable generation, and advancing both Romania’s and the EU’s decarbonisation goals.
“With this project, InnoEnergy’s aim to achieve carbon neutrality is further fortified” added Harmen de Koo, Chairman of the Board of Repono AB, representing the leading clean tech impact investor InnoEnergy.
“Large-scale storage assets like Argeș are key enablers of a stable and decarbonised European power system.”
With this acquisition, Repono AB continues to expand its pan-European portfolio of grid-scale battery energy storage systems, with active developments across Germany, Romania, Italy, Austria, and Poland, underscoring its role as a leading independent storage platform driving Europe’s renewable energy transformation.
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