Ahold Delhaize agreed to buy the equivalent of 370 GWh annually for 10 years under a virtual power purchase agreement linked to renewable projects being developed by Rezolv Energy in Romania. The contract volume represents roughly 14% of the projects’ combined expected production.
The agreement covers electricity linked to the 1.3 GW Dama solar project in Arad and the 300 MW Dunarea East wind farm in Constanta. Deliveries under the financial arrangement are expected to start when the facilities enter commercial operation, currently targeted for 2029. The contract also includes Guarantees of Origin.
Combining wind and solar gives the contract a more diversified generation profile than a single-technology power purchase agreement, as the technologies have different generation patterns. That mix may make long-term corporate renewable procurement easier to structure.
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, held in 2025. The financing model pairs state-backed CfD revenues with corporate power purchase agreements as 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 markets are becoming increasingly important for institutional-scale renewable development and corporate offtake, while Romania’s corporate renewable market is moving towards larger and more sophisticated contracts.