Green energy provider GoldenPeaks Capital (GPC) has announced it has completed the financing of a portfolio of solar projects in various locations across Poland, which together will have a total capacity of 72.0 MWp.
The financing package was provided by DNB Bank ASA and PKO Bank Polski, with Capcora, a German consulting company, acting as financial advisor.
The ‘Charlie’ portfolio
The 55 individual solar projects, which are collectively known as the ‘Charlie’ portfolio, will encompass sites across Poland with capacities ranging from 1 MWp to 8 MWp, the group said. Throughout its operational phase, the portfolio will benefit from a euro-denominated Power Purchase Agreement.
“GPC has solidified its standing in Poland as a seasoned provider of long-term, euro-denominated Corporate Power Purchase Agreements (PPAs) to some of the world’s leading multinational corporations,” commented Daniel Tain, president of GPC.
“The Charlie portfolio exemplifies our ability to ensure the bankability of these projects. We are pleased that such reliable and committed partners as PKO Bank Polski and DNB support us in achieving our goal of accelerating the region’s transition to renewable energy.”
Renewable energy
Elsewhere, Marcin Majewski, head of the corporate client and enterprise relations division at PKO Bank Polski said that the bank was “proud” to support GPC in its renewable energy projects, “which is part of our policy of promoting the development of renewable energy”.
In addition, Ewa Banasiuk, head of renewable energy at DNB Bank Polska, added that the bank takes “immense pride in our role as a financial partner, supporting and enabling a key player in the market and boosting green transformation of Poland”.
GoldenPeaks Capital is one of the largest photovoltaic system owners in Poland and Hungary.
