OX2, a leading European renewable energy developer, and Scatec, an international leader in providing renewable energy solutions, have officially entered the implementation phase for the 77 MW Urleasca 2 wind farm, currently under construction in Brăila County.
Developed by OX2 and acquired by Scatec in July 2026, the project brings together several international partners. OX2 is managing the construction process up to commissioning; CJR Renewables is handling the execution of the works; EnergoBit is responsible for the grid connections; and Nordex is supplying the 11 wind turbines. Scatec holds full ownership of the project and will oversee its operation, maintenance, and management following commissioning.
“Urleasca 2 reflects what we aim to achieve through the OX2 integrated model: transforming greenfield projects into tangible investments capable of delivering renewable energy. Following the development, permitting, and commercial structuring stages, we have now reached the implementation phase, working alongside experienced partners such as CJR Renewables, EnergoBit, and Nordex. Our collaboration with Scatec demonstrates that successful projects are built on trust, expertise, and solid partnerships-from development all the way to operation,” stated Lăcrămioara Diaconu-Pințea, Country Manager for OX2 Romania. The Urleasca 2 wind farm will feature 11 Nordex N175/6.X MW turbines, with an installed capacity of 77 MW and an estimated annual production of 244 GWh-equivalent to the annual electricity consumption of approximately 71,000 households. Commercial operation is scheduled to begin in the second half of 2028.
The total investment is estimated at approximately 168 million euros (excluding VAT) and will be funded through a mix of equity and project debt, with a leverage ratio of about 60%. Erste Group and Banca Comercială Română (BCR) are the mandated lead arrangers and underwriters for the financing.
The project is backed by a long-term Contract for Difference (CfD) with the Romanian state-secured by OX2 during the development phase-which covers approximately 57% of the projected electricity output.
“Urleasca 2 represents a strategic investment for Scatec and a significant step in expanding our portfolio in Romania. Today marks an important milestone, where our preparation and planning efforts translate into tangible results. Reaching this stage reflects the dedication and collaboration of all our partners-an achievement we can be proud of. We are now focusing on the next phases, committed to delivering the project safely, to the highest standards, and according to the established timeline,” emphasized Pål Strøm, Project Director for Europe at Scatec. Urleasca 2 complements Scatec’s portfolio in Romania, which also includes the Dobrun and Sadova photovoltaic projects-currently under construction with a combined capacity of 190 MW-as well as a battery energy storage project with a capacity of 88 MW / 176 MWh.
“This project marks Scatec’s entry into the European onshore wind energy market and complements our investments in solar energy and storage. Collaboration with OX2, CJR Renewables, and Nordex-alongside the support of our financial partners and ongoing dialogue with local authorities and communities-is essential for the successful implementation of this investment,” stated Alex Pătrașcu, Country Manager for Romania at Scatec.
For OX2, which has been present in Romania since 2021, the project strengthens a portfolio exceeding 1.5 GW across wind energy, solar energy, and battery storage, contributing to the expansion of renewable energy generation capacity in Romania.
