GEN-I and R.Power sign long-term optimisation agreement for one of Romania’s largest battery energy storage projects

GEN-I and R.Power have signed a long-term optimisation agreement for the Scornicesti battery energy storage system (BESS), one of the largest utility-scale storage projects currently under development in Romania. The project has an installed capacity of 127 MW and an energy storage capacity of 254 MWh.

Under the agreement, GEN-I will act as the exclusive commercial optimiser and trading partner for the Scornicesti BESS, covering the period from start of commercial operation until the fifth anniversary of full revenue activation. GEN-I will be responsible for the full commercial optimisation of the asset across wholesale electricity markets and ancillary service mechanisms, including market optimisation, revenue management, and real-time dispatching, all supported by 24/7 algorithmic trading operations. 

The cooperation is based on a long-term revenue-sharing model, aligning the interests of R.Power as asset owner and GEN-I as optimisation partner. In addition to performance-based revenue sharing, GEN-I will provide a minimum revenue guarantee, ensuring predictable cash flows for the project while maximising the long-term market value of the battery asset.

“This agreement represents another important step in the expansion of GEN-I’s battery storage optimisation portfolio in Central and South-Eastern Europe,” said Igor Koprivnikar, Ph.D., MBA, Member of the Management Board of GEN-I. “Romania is in a phase of power-market transformation, with increasing renewable capacity and a growing role for flexibility and storage solutions in maintaining system balance. GEN-I’s role is to translate this complexity into value for asset owners by combining deep regional market knowledge, real-time trading capabilities, and long-term optimisation expertise.”

The Scornicesti project is co-owned by R.Power and its joint venture partner Eiffel Investment Group, following Eiffel’s acquisition of a 49.9% equity stake in October 2025. The signing of the optimisation agreement represents a key milestone in securing a long-term commercial strategy for the project ahead of market entry.

The partnership with R.Power further strengthens GEN-I’s position as a leading independent asset optimiser for utility-scale battery energy storage systems in the region. By enabling efficient market participation, system services provision, and dynamic revenue optimisation, GEN-I supports investors and developers in unlocking the full value of flexibility assets while contributing to power system stability and the integration of renewable energy.

About R.Power

R.Power is an Independent Power Producer (IPP) active across multiple renewable energy technologies and European markets. Its activities span the entire project value chain, from origination and development through to commercialisation and long-term operation.

Founded in 2010 and headquartered in Warsaw, R.Power has evolved from one of the largest renewable energy producers in Central & Eastern Europe into a pan-European IPP, with 1.4GW of projects operational or under construction.

R.Power’s European growth strategy centres on a significant pipeline of advanced, grid-secure battery energy storage (BESS) projects, both standalone and hybrid with solar PV. With over 10GW of grid-secured, utility-scale BESS, hybrid and renewable generation projects spanning major markets including Poland, Romania, Germany, Italy, Portugal and Spain, R.Power has one of the largest, investor-ready pipelines in Europe.

R.Power’s long-term equity investment partners include the European Bank for Reconstruction and Development and Three Seas Initiative Investment Fund (3SIIF) advised by Amber Infrastructure, while its debt finance partners have included institutions such as BNP Paribas and ING. Its diverse commercialisation strategies include CfDs and Capacity Auctions as well as long-term offtake contracts with blue-chip corporates.

From left: Igor Koprivnikar, Ph.D., MBA, Member of the Management Board of GEN-I, and 
Rafał Hajduk, Chief Commercial Officer at R.Power.

Partners from GEN-I and R.Power.