A banking consortium has signed a PLN864 million (€189 million/US$215 million) agreement to finance Polish developer R.Power Group’s 299MW portfolio of solar PV projects in Poland.
Polish solar developer R.Power Group has signed contracts with infrastructure firms Nomad Electric and Onde for the construction of 135 solar PV plants in Poland with a combined capacity of 400MW
Solar developer R.Power Group is expanding its presence in its home country of Poland through the acquisition of Poland-based PV equipment wholesaler Menlo Electric
Agreement between R.Power Group and mBank for latter to finance under-construction pipeline is touted as country’s largest bank-backed solar arrangement to date.