Renewable energy developer CCE has completed the sale of its Horia 2 solar project in western Romania to Bulgaria-based Renalfa Solarpro Group. The project, located in Arad County, has an installed capacity of 293 MW and covers approximately 349 hectares of land. The transaction was advised on the seller’s side by international law firm CMS.
CCE operates as an integrated developer and operator of solar and energy storage assets, with projects across Europe and Chile. Its development pipeline exceeds 7.2 GW, reflecting a strong focus on utility-scale renewable projects. Renalfa Solarpro Group is an established player in central and eastern Europe, expanding its regional footprint through acquisitions of large renewable projects.
CMS provided comprehensive legal support to CCE, covering deal structuring, negotiation, and execution of the complex sale and purchase agreement. The closing of the deal remains subject to customary conditions precedent and is expected in the first quarter of 2026.
Until the project reaches commercial operation, CCE and Renalfa Solarpro Group will work together under agreed milestones to ensure smooth development and delivery. This cooperative phase aims to secure continuity as the project advances toward completion.
According to CMS, the Horia 2 transaction underscores sustained investor interest in large-scale renewable assets. The deal is also a demonstration of the growing maturity of the solar market in the region and the increasing role of cross-border investment in accelerating renewable energy deployment.