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MetaWealth is investing €110M in Romanian battery storage to boost grid flexibility and support renewables.
MetaWealth is investing €110 million in grid-scale battery storage in Romania, starting with €22 million for 130 MWh of capacity.
A 100 MWh standalone project in Dumbrava, Neamț, and 30 MWh of co-located storage will begin operations by Q3 2026, with full completion by year-end.
The move addresses Romania’s growing renewable energy output and limited grid flexibility.
The investment marks MetaWealth’s expansion from real estate into energy infrastructure, with plans for up to 650 MWh across multiple sites.
The company aims to attract institutional and high-net-worth investors, highlighting storage’s growing role in Europe’s energy transition.
MetaWealth está invirtiendo 110 millones de euros en almacenamiento de baterías en Rumanía para aumentar la flexibilidad de la red y apoyar las energías renovables.