BCR provides EUR 47 million financing for the construction of the Gura Văii (CEE Onești) wind farm, the first wind project developed by Electrocentrale Borzești

Bucharest, 27 July 2026. Banca Comercială Română (BCR) is providing EUR 47 million in financing for the construction of the Gura Văii (CEE Onești) wind farm, located in Bacău County, with an installed capacity of 49.8 MW. The project is developed by Borzești Wind SRL, a wholly owned subsidiary of Electrocentrale Borzești, a joint venture between OMV Petrom and the Renovatio Group, two of the most important investors in Romania’s energy sector. CEE Onești is the company’s first wind project and marks the beginning of a renewable energy portfolio exceeding 1 GW, with completion targeted by 2030.

BCR is acting as the sole banking partner for the Gura Văii (CEE Onești) wind farm, with a total exposure of up to EUR 61.6 million. The financing package includes a term loan, a VAT facility, and a Debt Service Reserve Facility (DSRF). The financing covers the development, construction and operational phases of the wind farm and has a 15-year tenor.

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