ONDE adds another PV project to its 678 MW portfolio

The company’s portfolio of renewable energy projects increased by 49.5 MW. In total, since the stock exchange debut, ONDE – the leading player in the RES segment in Poland has acquired PV projects with a capacity of 165 MW, increasing its own investment portfolio to approx. 678 MW.

The project was purchased under a reservation agreement obliging the seller to hand over the project to ONDE once certain conditions are met. The project is currently at the stage of obtaining grid connection conditions.

“We are very happy with the next RES transaction, we are currently conducting intensive talks with many entities that can offer us renewable energy projects for further development” – says Marta Masternak, responsible for M&A at ONDE SA – We approach each such transaction with caution, weighing both the potential benefits as well as possible risks.

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