Nala Renewables has identified Romania as one of its core markets for growth in the coming years, according to Will Herlinger, Head of Investment at Nala Renewables.
“We like the market and hopefully we can do a lot more transactions in the next two to three years. Romania is a great place to do business, generally speaking, with highly competent counterparties. We really like the market’s fundamentals—looking at demographics, power prices, and industrial analysis, we truly believe it is a market that is extremely well-placed for growth,” Herlinger said, on the occasion of the conference “International Approach: Catalyzing Romania’s energy future”, organised by Energynomics in London.
The company has already made significant strides in Romania, signing two major transactions in the country. These include a collocated solar and battery energy storage project and a wind project called Gala. Herlinger added that Romania holds immense potential for further investments and stated that Nala Renewables hopes to continue expanding its portfolio in the country over the next few years.
Nala Renewables operates assets across several regions worldwide, including South America, North America, Europe, and Asia. The company’s total global portfolio stands at around 2.5 GW, with nearly 700 MW of that portfolio located in Romania, including projects currently in development. Despite facing some challenges in the regulatory environment, Nala Renewables remains optimistic about Romania’s renewable energy sector and its long-term prospects.
Romania’s strong business environment has been a key factor in Nala Renewables’ focus on the country. Herlinger praised the highly competent counterparts in the region and noted that the market fundamentals, including demographics, power prices, and industrial analysis, create a favorable environment for sustained growth in the renewable energy sector.
The conference “International Approach: Catalyzing Romania’s energy future” was organised by Energynomics in London with the support of our partners AJ Brand, Elektra Renewable Support, Adrem Asset Management, Enexus, Nofar Energy, Parapet, Wiren.