Aberdeen Standard Investments buys 45.5-MW of Polish solar plants

Solar modules near garden. Featured Image: Jim Parkin/Shutterstock.com

September 24 (Renewables Now) - Asset manager Aberdeen Standard Investments (ASI) today said it has completed the acquisition of a 45.5-MW portfolio of photovoltaic (PV) parks in Poland from local solar group R Power.

The particular portfolio consists of 47 assets, located mainly in the western and central parts of Poland. All of them were developed under Poland's Contract for Difference (CfD) incentive scheme and were awarded a 15-year guaranteed tariff.

The combined output of the PV plants is estimated at around 48,000 MWh per year, which is enough to meet the demand of over 20,000 homes and save nearly 40,000 tonnes of carbon dioxide (CO2) emissions annually.

The acquisition is ASI’s third renewable infrastructure investment in Poland and is part of its economic infrastructure programme that focuses on investment in core infrastructure assets in Europe. Commenting on the deal, Dominic Helmsley, head of economic infrastructure at ASI said that the company is keen to play an active role in the Polish PV sector, adding that the solar market there benefits from a supportive regulatory framework.

More stories to explore
Share this story
About the author
Browse all articles from Veselina Petrova

Veselina Petrova is one of Renewables Now's most experienced green energy writers. For several years she has been keeping track of game-changing events both large and small projects and across the globe.

More articles by the author
5 / 5 free articles left this month
Get 5 more for free Sign up for Basic subscription
Get full access Sign up for Premium subscription