Nov 24, 2025
Romania's Premier Energy acquires a 400 MWh BESS project that is ready for construction.
Romanian energy and power infrastructure firm Premier Energy announced it has fully acquired a 200 MW/400 MWh battery energy storage system (BESS) project ready for construction near Iasi.
The estimated cost for developing and building the BESS is around 75 million euros ($86.5 million), with construction set for 2026 and commissioning anticipated in late 2026 or early 2027, according to a statement submitted to the Bucharest Stock Exchange on Thursday. The company’s management is currently seeking financing for the project from a major CEE financial institution. In May 2024, Premier Energy went public on the main regulated market of the Bucharest Stock Exchange.
The estimated cost for developing and building the BESS is around 75 million euros ($86.5 million), with construction set for 2026 and commissioning anticipated in late 2026 or early 2027, according to a statement submitted to the Bucharest Stock Exchange on Thursday. The company’s management is currently seeking financing for the project from a major CEE financial institution. In May 2024, Premier Energy went public on the main regulated market of the Bucharest Stock Exchange.