OMV Petrom, the largest integrated energy producer in South‑East Europe, and RNV Infrastructure announce that three wind projects, with a total installed capacity of approximately 300 MW, are entering the execution phase following the adoption of the final investment decision (FID). The projects already hold the necessary permits, and production is expected to begin in stages starting from the first half of 2027.
“At OMV Petrom our objective for 2030 is to have more than 2.5 GW of installed capacity in renewable power projects together with our partners. We have built a portfolio of solar, wind and hydro projects that gives us the options needed to reach this target. We are moving decisively from project phase to execution and production: we already have 70 MW in operation and over 1,100 MW under development – including the 300 MW in wind. Construction works and equipment deliveries are underway across several projects,” said Franck Neel, OMV Petrom Executive Board Member responsible for Gas & Power.
These wind projects are part of the transaction closed in October 2024, through which OMV Petrom acquired a 50% stake in four wind projects developed by RNV Infrastructure through Electrocentrale Borzești.
The four projects are:
- The Gura Văii wind park (Bacău county), with a capacity of 50 MW
- The Podu Turcului wind park (Bacău county), with a capacity of 100 MW
- The Poiana wind park (Galați county), with a capacity of 155 MW
- The Galați wind park (Galați county), with a capacity of 657 MW – for which FID is upcoming
About OMV
It is our purpose to reinvent everyday essentials. OMV is an integrated energy, fuels and chemicals company headquartered in Vienna, Austria. Through its businesses, OMV supplies products and solutions that support everyday life and industrial value chains. In 2025, the company generated revenues of EUR 24 billion and employed around 22,300 people worldwide. OMV's key strategic shareholdings include a 51.2% stake in OMV Petrom and a 50% stake in Borouge International. OMV shares are traded on the Vienna Stock Exchange (OMV) and in the United States on OTCQX (OMVKY, OMVJF).
About OMV Petrom
OMV Petrom is the largest integrated energy producer in Southeastern Europe, with an annual Group hydrocarbon production of approximately 38 million boe in 2025. The Group has a refining capacity of 4.5 million tons annually and operates an 860 MW high-efficiency gas-fired power plant. The Group is present on the oil products retail market in Romania and neighbouring countries through approximately 780 filling stations under two brands – OMV and Petrom.
OMV Petrom is listed on the Bucharest Stock Exchange, with a 28.1% free float. As of end-2025, Romanian shareholders held around 45% of the shares (of which the Romanian state held 20.7%, and 24.4% were owned by pension funds in Romania, as well as other Romanian natural persons and legal entities). OMV Aktiengesellschaft held a 51.2% stake in OMV Petrom, and the remaining 3.7% were held by other foreign investors.
OMV Petrom is one of the largest contributors to the state budget, with more than 48 billion euro in taxes and dividends paid between 2005 and 2025. During the same period, the company invested over 21 billion euro and allocated around 210 million euro to develop communities in Romania, focusing on environmental protection, education, health, and local development.