Second Foundation makes first Romanian energy storage investment
PeliPartners assisted Second Foundation in acquiring stakes in energy storage projects with a combined capacity of approximately 150 MW in southern Romania.
PeliPartners assisted Second Foundation in acquiring stakes in energy storage projects with a combined capacity of approximately 150 MW in southern Romania.
The PeliPartners team was coordinated by Francisc Peli (Managing Partner) and Alexandra Ioniță (Managing Associate).
Romanian law firm PeliPartners has assisted Immofinanz in the sale of myhive Victoriei to AFI Europe, in a deal worth an estimated €27 million.
Known as the first modern office building in Bucharest, myhive Victoriei was acquired by Immofinanz AG in 2021, with PeliPartners also acting as legal advisor for the buyer.
The transaction allows WDP's Romanian footprint to grow to around 2 million sqm in gross leasable area.
The loan proceeds are intended to fund the development costs associated with finalizing the retail park.

Romania's annual inflation rate reached 9.6% in January 2026 compared to the same month in the previous year.
Romania's headline inflation rose to 9.6% in January 2026, a figure slightly exceeding market expectations due to a significant surge in utility costs.
Uber Eats will launch in Romania later this year as part of Uber's expansion across Europe.
The European Investment Bank (EIB) is committing €34 million for solar power expansion in Romania.
The Romanian economy is entering 2026 on a fragile footing, prompting ING analysts to significantly lower their growth expectations for the year.