The return promised by the MetaWealth platform for individual investors is 22% per year, and the minimum investment is 25,000 euros, a company official told Energynomics. In the case of institutions, investments are at least 100,000 euros, and the return – 18% per year. In the first case, the return offered is more than three times higher than the market average – such as Fidelis fixed-income instruments, offered by the Romanian state, which carry a return of 6.15-7.25% per year, depending on the maturity (maturity).
MetaWealth, a European real estate investment platform also founded by Michael Topolinski, recently announced investments in autonomous, or stand-alone, energy storage projects worth about 110 million euros. A first storage project, worth 22 million euros, aims to develop a total capacity of 130 MWh. The project includes a 100 MWh autonomous storage system in Dumbrava, Neamț County, located in proximity to the grid infrastructure and renewable production capacities, as well as 30 MWh storage units installed in a collocation mode, at several points connected to the existing electricity grid.
“1.4 million euros have already been raised, about 1.6 million euros are still available on the total bond component of 3 million euros dedicated to private investors,” the source told Energynomics.
In case the project, which should be ready at the end of a year, is not ready, an extension of up to three months is foreseen, with a yield of 22% per annum offered pro-rata.
After completion, the project will be sold, and the investing company, a Luxembourg-based SPV, will exit. For now, however, the company has not signed the credit agreement, being in discussions with three banks.
On the institutional component, it aims to attract 9 million euros, with the rest of the investment being secured from its own sources and bank loans.
What guarantees are offered?
“The issuer is a Luxembourg SPV that is subject to the Mifid 2 directive, and the construction cost is very low, only 169,000 euros per MW, while other operators have average costs of 250,000 euros. In fact, (a prestigious real estate firm-ed.) made an assessment of the project at 38.5 million euros,” the quoted source also said.
“The construction contracts have already been signed, the batteries are to be received next month, and in October-November the park will be put into operation, after which it will be transferred to an investor. We are already in discussions with several investors. Other similar projects will follow, there will be five in total in the next two years.”
The official also told us that the development and logistics team is internal, and the total cost of 22 million euros is achieved through the savings achieved through internalization.
“We are part of the Intero Property Development trust, which has real estate projects under development worth 1.5 billion euros for the next five years,” the official concluded.
The first project includes an autonomous 100 MWh battery system in Dumbrava, Neamț County, located near the existing grid infrastructure and renewable energy generation capacity, as well as 30 MWh of colocation storage that will be installed in several locations connected to the existing electricity grid.
The first 30 MWh will become operational in the third quarter of 2026, and the entire 130 MWh capacity will be put into operation by the fourth quarter of 2026. MetaWealth said that these projects represent the basis of a long-term strategy to develop a Romanian energy storage platform, intending to develop an additional capacity of approximately 650 MWh in several locations, worth a total of 110 million euros.
Since its launch in 2023, MetaWealth has expanded into several European markets, increased its number of assets under management and introduced regulated investment structures, including listed and ISIN-identified bonds issued by Luxembourg securitization vehicles, according to a company statement. The platform serves more than 1,400 investors from 28 countries, the company claims.
