Econergy takes full control of Romania’s 155-MW Rătești solar park
- Econergy will acquire Nofar’s stake in the 155-MW Rătești solar park, consolidating ownership and unlocking operational and financing efficiencies in Romania.
Econergy Renewable Energy is set to become sole owner of the 155-MW Rătești solar park, buying out partner Nofar’s stake in a deal expected to yield roughly EUR 13 million in capital gain for the seller. The consolidation turns a successful co-development into a streamlined operating platform—one balance sheet, one O&M playbook, and one set of decisions on upgrades and future flexibility.
Why it matters: single-owner structures tend to move faster. Econergy can harmonize spare-parts strategies, renegotiate service contracts across inverters and trackers, and roll out a unified SCADA and analytics stack that squeezes more yield from each string. In markets like Romania—where solar penetration is rising and grid operators are tightening performance rules—tight control of reactive power, ride-through and curtailment response is worth basis points of output and bankability.
Commercial options widen, too. With full ownership, Econergy can fine-tune the revenue stack: extend or re-price PPAs, hold measured merchant exposure when spreads justify it, and evaluate guarantees of origin sales that align with corporate demand. The site’s interconnection can be future-proofed by reserving pad space and transformer headroom for a potential battery retrofit, shifting part of the midday energy into evening peaks while providing fast frequency response and synthetic inertia.
Operationally, Rătești follows the modern utility-PV playbook—high-efficiency modules on single-axis trackers, DC/AC sizing for strong annual yield, and robust environmental management (vegetation, dust and drainage) to keep net capacity factor on plan. The first post-deal year will focus on condition-based maintenance and performance tuning: tracker angle optimizations, targeted cleaning cycles, and quick remediation of under-performing blocks identified by thermal scans and string-level telemetry.
For Romania’s grid and consumers, a well-run, fully consolidated 155-MW plant means more reliable daytime megawatt-hours and fewer curtailment headaches. For Econergy, it’s also a financing lever: stable, wholly owned cash flows support portfolio-level debt and recycle equity into the next tranche of builds. Expect the company to use Rătești as a hub for regional O&M, training crews and standardizing procedures that can be replicated across future assets.
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