Kinstellar advises Repono AB on the acquisition of a battery energy storage (BESS) project in Argeș County

Kinstellar announced that it has advised Repono AB, a Sweden-based pan-European energy storage operator, on its acquisition of a 202 MW/404 MWh (2.0 h) standalone battery energy storage system (BESS) project located in Argeș County, Romania. The transaction was led by Iustinian Captariu, Head of firm-wide energy sector, with Ioana Criste (Senior Associate), Corina Oancea (Managing Associate), and Dana Sârbu (Senior Associate) handling due diligence. Cristina Stamboli (Counsel) coordinated transactional matters, and Cosmin Vasilescu (Senior Associate) provided support for corporate due diligence. 

The project, developed by a Bucharest-based renewable energy developer, is ready-to-build and benefits from an existing grid connection contract with Transelectrica at the 220 kV Pitești Substation. Once operational, it will play a pivotal role in enhancing grid stability, balancing renewable generation, and advancing both Romania’s and the EU’s decarbonisation goals.

Karim Nils Grueber (Repono), commented: “Kinstellar’s team has been an exceptional partner throughout this transaction. Their deep energy-sector expertise, pragmatic approach, and responsiveness were instrumental in guiding us through the Romanian regulatory and transactional landscape. The Argeș project marks an important cornerstone in Repono’s expansion, underscoring our confidence in the Romanian energy market and its growing role within Europe’s energy transition. We greatly appreciate Kinstellar’s professionalism and commitment, which made this process both efficient and collaborative.”

Iustinian Captariu (Kinstellar), commented: "We are proud to have supported Repono AB in this strategic acquisition, marking a significant step in expanding energy storage infrastructure in Romania and Southeast Europe. This project will play a crucial role in enhancing grid stability and facilitating the integration of renewable energy sources, aligning with both Romania's and the EU’s energy transition goals."