R.Power sells stake in 91.6 MWp Polish solar projects

Green Forum
Polish photovoltaic developer R.Power has sold a 49.9% stake in two of its special purpose vehicles (SPVs), responsible for developing a solar portfolio with a total capacity of 91.6 MWp, to an undisclosed financial investor.

The SPVs are currently developing photovoltaic projects in Krzyżowa, located in southern Poland, and Lasocice, situated in the western part of the country. According to R.Power, both projects are scheduled to commence commercial operations by 2027.

The transaction was formalized through conditional investment agreements, which also outline plans to potentially construct an onshore wind energy project at the same grid connection as the Lasocice solar plant. Additionally, the parties are considering the future integration of battery energy storage systems (BESS) at both sites. The agreements further include provisions allowing for an increase in overall project capacity.

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