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.

Asset management platform Metawealth is entering Romania's battery energy storage system (BESS) market with grid-scale storage projects worth €110 million.
Romania's Ministry of Finance announced that the consolidated general budget execution for 2025 ended with a cash deficit of RON 146.03 billion (€28.65 billion), representing 7.65% of GDP, down one percentage point from the 8.67% deficit recorded in 2024.
Romanian FMCG distributor Aquila has completed a €5 million investment in an AI-based automation solution at its warehouse in Drăgomirești, Ilfov County.
VC fund GapMinder has led a €1.5 million investment round in Croatian startup InsiderCx, an AI-powered patient feedback platform that helps healthcare providers collect actionable insights and improve patient experience.
Shares of state-owned power producer Hidroelectrica reached a new historic high of RON 138.40 (€27.17) on 27 January 2026, marking the highest level since the company's listing on the Bucharest Stock Exchange on 12 July 2023.