CWP, an independent renewable energy developer in Southeast Europe and Australia, and Mercuria Energy Trading, an independent energy trader, have joined forces to complete development and build out CWP 's renewable energy portfolio in Southeast Europe.
CWP’s project portfolio has been in active development since 2018 and consists of more than 2GW of large-scale wind, solar, and battery storage projects across Bulgaria, Serbia, Romania and Ukraine. Mercuria’s investment in CWP Europe will accelerate the development of renewable energy projects in the four countries. Mercuria will provide its expertise in energy markets as well as increased financial support, which will allow CWP Europe to realise its €1.9 billion investment plan over the next several years.