Ahold Delhaize agreed to buy the equivalent of 370 GWh annually for 10 years through a virtual power purchase agreement linked to wind and solar projects being developed by Rezolv Energy in Romania. The contracted volume represents roughly 14% of the projects’ combined expected production.
The agreement covers the 1.3 GW Dama solar project in Arad and the 300 MW Dunarea East wind farm in Constanta. It also includes Guarantees of Origin. Deliveries under the financial arrangement are expected to begin when the facilities enter commercial operation, currently targeted for 2029.
Combining wind and solar gives the contract a more diversified generation profile than a single-technology power purchase agreement, because the technologies have different generation patterns. Such diversification may make long-term corporate renewable procurement easier to structure. Romania’s corporate renewable market is moving towards larger and more sophisticated contracts.
The projects also have policy-backed revenue support. A combined 731.2 MW from Dama and Dunarea East secured contracts-for-difference support in Romania’s second CfD auction in 2025. The financing model combines state-backed CfD revenues to support projects with corporate PPAs providing 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. The two countries are becoming increasingly important markets for institutional-scale renewable development and corporate offtake.