OX2 Sells 96MW Wind Farm in Romania
Deal News | Aug 08, 2025 | RTPR
RTPR has facilitated a significant transaction, advising OX2 in the sale of a 96 MW onshore wind project located in Galati County, Romania. The Ansthall wind farm, which boasts a 12-year virtual power purchase agreement (vPPA) with prominent international retailer Ahold Delhaize for over 50% of its output, marks a strategic divestment for OX2, a leader in renewable energy and varied technology projects. The legal advisory was led by an RTPR team comprising various specialists in regulatory, real estate, competition, and foreign direct investment (FDI) aspects. This deal represents a continued collaboration between OX2 and RTPR, following a €214 million transaction for a similar project. Global legal directories consistently rank RTPR's corporate and M&A practices as top-tier in Romania, further underscoring its reputation. Additionally, EY acted as a financial advisor for this transaction.
Sectors
- Renewable Energy
- Legal Advisory
Geography
- Romania – The location of the wind farm and where the transaction took place.
Industry
- Renewable Energy – The industry is relevant due to the nature of the transaction, which involves a wind farm project.
- Legal Advisory – RTPR's role in providing legal services for the transaction places this in the legal advisory sector.
Financials
- EUR 214 million – Value of a previous transaction involving OX2 and RTPR for a 99.2 MW onshore wind project.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| OX2 | Target | Company | A leading developer in the renewable energy sector with a diverse project portfolio. |
| RTPR | Legal Advisor | Company | A prominent law firm in Romania, renowned for its expertise in corporate and M&A transactions. |
| Ahold Delhaize | Buyer | Company | A leading international retailer involved through a virtual power purchase agreement. |
| EY (Ernst & Young) | Financial Advisor | Company | Provided financial advisory services for the transaction. |