Nofar Energy has secured a comprehensive contract for a 265 MW solar power plant in Corbii Mari, Dambovita County, just west of Bucharest. The contract covers all phases of the project, from engineering to long-term operations and maintenance. This large-scale development is one of the biggest solar projects in Romania.
The project will be developed and operated through a partnership between Spain’s Cox Energy and Romanian construction company AJ Construction, a member of the AJ Brand group. The legal aspects of the deal were managed by a cross-border team from Clifford Chance, with the Bucharest office leading the guidance and representing Nofar Energy in the transaction.
Corbii Mari became a key part of Nofar Energy’s portfolio after the company acquired the rights to the project at the end of 2023. The facility is the fourth major solar initiative in which Clifford Chance Badea has advised Nofar Energy, contributing to the company’s broader renewable energy expansion of over 650 MW across Romania.
In addition to Corbii Mari, Nofar Energy is advancing other major solar projects, including in Ghimpati (146 MW), Iepuresti (169 MW), and Slobozia (74 MW). The Slobozia project recently secured a contract for difference (CfD) in Romania’s first renewable energy sources (RES) auction.
With these projects, Nofar Energy’s Romanian portfolio now totals approximately 970 MW of installed capacity, alongside 120 MWh of battery storage. This demonstrates the company’s growing commitment to integrating storage solutions for optimizing and stabilizing renewable energy output.
