Vestas said it had decided to sell the two wind farms as project development and ownership was not part of its regular business model.
Lukerg Renew paid Vestas EUR 109.2 million for Gebeleisis and EUR 17.6 million for Hrabrovo.
These deals are not the first between the two companies. Back in April, Lukerg Renew signed an order for 36 V90-2.0 MW turbines from Vestas for another Romanian project.
Today's acquisitions from Vestas are just the latest in a series for Lukerg Renew in Romania and Bulgaria. These have included an operational 40MW project in Bulgaria acquired in February 2012 and an 84MW project currently being developed in Romania the joint venture bought in December 2012.