R.Power has concluded a transaction to purchase PV projects with a total capacity of 91 MWp from EOS, a joint venture controlled by Cero Generation (part of Macquarie&Green Investment Group) – a solar energy developer that operates throughout Europe, the company announced. Most of the projects are in the ready-to-build phase, and R.Power plans to begin their expansion in 2024.
“This transaction is the next stage of activities aimed at expanding our portfolio on the Polish market. Currently, both in Poland and other European markets, we have 1.5 GW of projects with secured access to the network and over 21 GWp of capacity at earlier stages of project development. R.Power bases its operations on stable capital from both Polish and foreign investors. i.e. the Three Seas Fund or the European Bank for Reconstruction and Development, which invested EUR 250 million in R.Power. Thanks to them, we can safely and predictably implement the largest investments in photovoltaic sources throughout Europe,” said Klaudiusz Kalisz, member of the management board of R.Power, quoted in the release.
R.Power claims to be the largest company in the photovoltaics sector in Poland. Outside Poland, R.Power develops photovoltaic projects in Portugal, Italy and Spain. R.Power operates in the entire value chain of the PV market – it develops power plant projects, builds them, and provides management, maintenance and operation services for photovoltaic power plants.