About us

We are driven by a need to build a sustainable future, and our projects across the world have already displaced over 18 million tons of CO2 emissions.
We recognize that we have made a big impact already, and this inspires us to continue. From the big to the small, working with local communities to help them decarbonize by providing them with low-cost, clean electricity is what we do best.

History


The work that CWP does, and the story behind it.

CWP was founded in 2007 based on a passion for renewables and the opportunities that a timely entry into the emerging renewable energy market in Southeast Europe (SEE) presented. We became the most successful developer in the region, delivering the largest projects in Romania and Serbia, and the largest onshore wind farm in Europe.

We entered Australia in 2008, and we successfully developed a 2 GW renewable energy platform, pioneering new business models such as corporate PPAs and non-recourse financing based on value-enhancing part merchant offtake strategies. In late 2020 we merged CWP Renewables with the Grassroots Renewable Energy Trust, creating a multi-billion dollar integrated renewables company in partnership with Partners Group.

After scaling back development in SEE in 2012 due to support mechanics being withdrawn, we foresaw the trends and opportunities recently emerging in the region, and restarted full-scale development in 2019 with the goal to deliver a large, diversified portfolio of 1.4GW from 2024/5 onwards.

2006

CWP established by Postscriptum Ventures development of wind projects in Romania and Poland.

2008

CWP enters Australia. The 600MW Fântânele-Cogealac project the largest onshore wind farm in Europe reaches Financial Close.

2010

CWP enters Serbia,
Bulgaria, and Croatia.

2012

Fântânele-Cogealac (600MW)
is fully operational.

2014

The Boco Rock Wind Farm, CWP Renewables’ first Australian project, begins operation.

2016

The 270MW Sapphire Wind Farm, the largest wind farm in New South Wales and first collaboration with Partners Group, reaches Financial Close.

2018

The Grassroots Renewable Energy Platform is established in partnership with Partners Group.

Jan 2019

CWP Europe established to restart full-scale development in SEE with the goal to deliver a large, diversified portfolio from 2024/5 onwards.

Oct 2020

Significant project milestones were achieved for AREH in October 2020.

Nov 2020

Grassroots Renewable Energy and CWP Renewables (CWP) merge to form one of the largest independent renewable energy power producers in Australia.