Ahold Delhaize agreed to buy the equivalent of 370 GWh annually under a virtual power purchase agreement (PPA) linked to Romanian renewable projects being developed by Rezolv Energy. The 10-year contract also includes Guarantees of Origin.
The portfolio comprises the 1.3 GW Dama solar project in Arad and the 300 MW Dunarea East wind farm in Constanta. The contracted volume represents roughly 14% of the projects’ combined expected production. Deliveries under the financial arrangement are expected to begin when the facilities enter commercial operation, currently targeted for 2029.
Combining wind and solar brings different generation profiles into one corporate contract, providing a more diversified renewable production pattern than a single-technology PPA. That may make long-term corporate renewable procurement easier to structure.
A combined 731.2 MW from Dama and Dunarea East secured contracts-for-difference (CfD) support in Romania’s second CfD auction in 2025. The scheme provides policy-backed revenue support, while corporate PPAs offer projects an additional commercial route for electricity output and environmental attributes.
Rezolv Energy’s regional portfolio totals about 2.8 GW across operating, construction and advanced-development assets in Romania and Bulgaria. Both countries are becoming increasingly important markets for institutional-scale renewable development and corporate offtake, as Romania’s corporate renewable market moves towards larger and more sophisticated contracts.