Wind Project –
Financials
This page summarises the financial structure and investment characteristics of the Tulcea Wind Project. The financial model has been developed using conservative assumptions and reflects the scale, maturity, and long-term operational profile of a utility-scale onshore wind asset.
Investment Overview
The project is structured as a single-purpose vehicle (SPV), allowing for clear allocation of capital, risk, and returns. The financial strategy combines equity and long-term debt financing to optimise investor returns while maintaining prudent leverage levels.
Key Financial Metrics
• Total Project CAPEX: approximately €195 million
• Equity Contribution: approximately €58.5 million (30%)
• Debt Financing: approximately €136.5 million (70%)
• Target Investor IRR: approximately 29.9%
Revenue & Cash Flow Profile
Project revenues are primarily generated through the sale of electricity produced by the wind farm. The long operational life of the asset supports stable and predictable cash flows following commissioning.
The financial model anticipates a strong cash flow profile during the operational phase, with an estimated equity payback period of approximately 5 to 7 years. Long-term returns are supported by consistent wind resources and efficient turbine performance.
Financial Assumptions & Sensitivities
Key assumptions include conservative wind yield estimates, standard operating cost profiles, and compliance with applicable grid and regulatory requirements. Sensitivity analyses have been applied to assess performance under varying market conditions.
All financial figures are indicative and subject to change based on final technical design, market pricing, and financing terms.
WIND PROJECT
Turning Sunlight into Reliable
Clean Power
Aurora Renew’s Wind projects harness consistent wind resources using advanced turbine technology to deliver dependable, low-carbon electricity. Engineered for performance and grid stability, our wind solutions support energy resilience across diverse operating conditions.
Key Features
Built with high-efficiency turbines, intelligent control systems, and grid-integrated infrastructure, Aurora Renew’s Wind projects provide stable power generation, reduced variability, and long-term operational reliability while minimising environmental impact.
AboUT AURORA RENEW
Aurora Renew – Clean Energy
Solutions Provider
Aurora Renew is a clean energy solutions company specialising in the design, integration, and operation of grid-connected renewable energy systems, with a strong focus on solar–wind hybrid power projects. The company delivers end-to-end renewable energy solutions that enhance power reliability, improve energy access, and support long-term decarbonisation goals.
Drawing on advanced engineering, energy management, and grid-integration expertise, Aurora Renew develops hybrid systems that combine the complementary strengths of solar photovoltaic and wind generation. This approach enables more stable and predictable power output compared to single-technology renewable installations, making renewable energy more practical for regions with growing demand and variable grid conditions.
Sustainability meets innovation
Aurora Renew delivers advanced solar–wind hybrid energy systems that strengthen grid reliability, expand clean power access, and reduce carbon impact. We design, integrate, and optimise renewable solutions that balance performance, resilience, and long-term value.
By the numbers
Aurora Renew provides green energy solutions to empower people and protect.
