Nala Renewables, a global power and renewable-energy platform focused on solar, wind and battery storage projects in Europe, Latin America and the United States, has acquired a 99.2-megawatt onshore wind project from OX2, a company specializing in the development and construction of renewable-energy solutions active across Europe and Australia.
Located in eastern Romania, the wind project will generate about 312 gigawatt hours of clean energy per year, representing the energy use of around 51,000 households, and save approximately 150,000 tonnes of carbon dioxide–equivalent emissions annually.
Financial terms were not disclosed, however, Nala said this is its third transaction executed during 2024 in Central and Eastern Europe (CEE). The CEE region is one of Nala’s key focus markets, where the renewable platform has a portfolio of more than 1.5 gigawatts of renewable-energy projects.
The deal with OX2 includes a 12-year power-purchase agreement with a multin