BIG MEGA Renewable Energy, a joint venture between publicly listed Israeli real-estate companies BIG Shopping Centers Ltd. and MEGA OR Holdings, has built a growing presence in Romania’s wind energy sector through two major project financings over the past two years.

In 2024, BIG MEGA secured financing for its 102-megawatt Urleasca wind farm in Braila County. That project was later constructed by Portuguese EPC contractor CJR Renewables and marked the company’s first large-scale Romanian wind development.

Related: all the functioning wind farms in the Middle East

In late 2025, with public reporting in January 2026, BIG MEGA announced a second major financing: a €100 million syndicated loan to support the construction of a 102-MW wind farm in Vacareni, Tulcea County. The financing was arranged with a syndicate of European lenders including Erste Group Bank, Banca Comerciala Romana, Intesa Sanpaolo’s Romanian unit, and Vseobecna uverova banka, according to deal advisor Kinstellar. The Vacareni project has ready-to-build status and will include 17 wind turbines.

Together, the two projects represent more than 200 MW of wind capacity in southeastern Romania, a region with strong wind resources and increasing demand for low-carbon electricity under European Union climate targets. Romania has become one of Southeast Europe’s more active renewable markets as grid modernization and policy alignment continue.

BIG MEGA Renewable Energy was created to extend the founding companies’ activities beyond traditional real estate into long-term infrastructure assets. BIG Shopping Centers and MEGA OR Holdings are both experienced developers and operators of capital-intensive, income-producing properties and are publicly traded on the Tel Aviv Stock Exchange (TASE).

Their renewable expansion comes during a period of strong performance on the Israeli stock market. Over the past three years, Israel’s major indices — including the TA-125 and TA-35 — have delivered some of the strongest cumulative returns among developed markets, supported by gains in technology, finance, real estate, and defense-related sectors. This market strength has increased international visibility of Israeli public companies and supported their ability to expand abroad.

Foreign investors cannot invest directly in BIG MEGA Renewable Energy (on Crunchbase), which is a private joint venture led by Eran Davidi. However, they can gain indirect exposure by investing in its publicly listed parent companies through institutional brokers, global investment banks, Israel-focused equity funds, or international ETFs that track Israeli equities.

BIG MEGA has not yet announced a commercial operation date for the Vacareni wind farm, nor any additional project phases. But the two successive financings — in 2024 and 2026 — show a steady, project-by-project strategy rather than a single one-off investment, reflecting a longer-term commitment to Romania’s renewable energy market.

The post Israeli investors secure $120 million USD loan to build wind power in Romania appeared first on Green Prophet.

Meteo-Logic, a software provider of custom-made accurate weather forecasting, launched yesterday a new service specifically designed to provide the wind farm energy industry with highly accurate localized weather forecasts.

Meteo-Logic offers detailed weather parameters and tools required for making weather-sensitive decisions for specific locations at specified times. This is done while dramatically reducing the direct and indirect expenses of wind farms, maximizing profits and reducing financial uncertainty.

Wind farm logic

Meteo-Logic’s technology is used in wind farms to obtain accurate short-term forecasting of wind power and provide accurate data regarding power production. This is done to meet the service-level agreement (SLA) with the relevant utility and avoid penalties arising from discrepancies between committed and actual delivery.

“Meteo-Logic revolutionizes the wind farm weather forecasting market, offering exact and detailed micro-forecasts based on the client’s specific needs,” said Igal Zivoni, Meteo-Logic Founder and CEO. “Our ability to provide exact weather prediction for each turbine separately at cost effective price makes Meteo-Logic’s service very attractive for all those operating in the wind power energy field.”

Meteo-Logic’s service is designed to meet the specific requirements for real-time forecast add-ons for turbine management systems (TCM), turbine manufacturers and consulting companies specializing in renewable energy.
In order to start benefiting from Meteo-Logic’s groundbreaking solution all that is required is to connect the weather station to Meteo-Logic’s site and load the stations’ history files and location parameters.

More about the company:
Meteo-Logic specializes in delivering highly accurate localized weather forecasts for specific locations at specified times, thus providing clients with detailed weather parameters and the tools required for making weather-sensitive decisions.

This innovative service uses smart weather stations, advanced physical and statistical models and a groundbreaking algorithm, replacing the traditional weather forecaster with an automated system.

::Meteo-Logic

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