202 MW/404 MWh BESS in Argeș, Romania — one of SE Europe's largest. Project will be commercially managed and optimized for multiple revenue streams; COD targeted Q2 2027 pending financing.

Funding will cover feasibility, design and engineering toward FID in 2027 for an eSAF plant targeting 130,000 t/yr using renewable power and biogenic CO₂, signaling market confidence.

R&D center focuses on applied FCC testing, QA/QC and scale-up at production site to speed commercialization and tailor catalyst solutions to refiners

Sale transfers Ray Technology patents for bio-based MEG/MPG (up to end‑2023). Seller refocuses on FDCA/PEF; €2.7M proceeds used to repay debt (€2.0M) and dismantle pilot (€0.7M).