MetaWealth to invest EUR 110 mln in grid-scale battery storage projects in Romania
European real assets investment platform MetaWealth said it is entering the battery energy storage system - BESS market with multiple grid-scale projects in Romania, citing a growing mismatch between renewable power generation and grid…
Irina Marica · Journalist
· Updated · 2 min read
European real assets investment platform MetaWealth said it is entering the battery energy storage system - BESS market with multiple grid-scale projects in Romania, citing a growing mismatch between renewable power generation and grid flexibility. The long-term Romanian pipeline could reach 650 MWh and a total value of EUR 110 million.
The move marks MetaWealth’s expansion beyond property into energy infrastructure, as battery storage increasingly becomes a core component of power systems.
