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Romania: Electrica approves 253 million euro investment in Crucea Est wind farm

At an extraordinary general meeting held on 5 February, shareholders of Romanian electricity distributor and supplier Electrica approved a 253 million euro investment in the Crucea Est wind farm located in Constanta County.

Electrica owns a 60% stake in the project company Crucea Power Park and has formed partnerships with Monsson in three project companies, collectively working on a 207 MW portfolio. The project involves building a wind farm, a medium-voltage electricity network, a transformer station, a 110 kV underground network, and connecting the facility to the national electricity grid.

In late 2024, Crucea Power Park was selected as one of the winners in Romania’s first Contracts for Difference (CfD) auction, securing financial support for the development.

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