Weekly renewables M&A round-up (May 23-27)
May 27, 2022 17:26 CESTSUSI, Luneos set up renewable energy platform for Polish market
Sroczkow solar farm, Poland, Sunly
Image by Sunly
January 20 (Renewables Now) - Swiss asset manager SUSI Partners AG said today it has set up a new platform that will seek to build wind and solar portfolio in Poland in partnership with domestic energy-as-a-service company Luneos.
The renewable energy platform, dubbed Luneos Green Energy (LGE), was estaiblished through SUSI’s Energy Transition Fund (SETF). It will target the buildout of a “sizeable, diversified” portfolio of wind and solar photovoltaic (PV) projects, including potential in-house developments.
The new platform will seek to benefit from the relatively low costs of renewable energy and help Poland lower its heavy dependence on coal-fired power generation and meet national clean energy targets. SUSI cited statistics showing that close to 80% of the country’s total power production in 2021 was covered with coal. It pointed out, however, that renewable energy generation has expanded by almost 25% over the last 10 years and is expected to grow further.
SUSI and Luneos have been partnering since 2018.
More stories to explore
Duke Energy equips Hawaii university with solar and storage
May 27, 2022 17:17 CEST
US stays atop EY renewables attractiveness index, Spain heads PPA chart
May 27, 2022 16:32 CEST
Savannah Energy to develop up to 500 MW of renewables in Chad
May 27, 2022 16:08 CEST
Celsia building 260 MW of solar farms in Colombia
May 27, 2022 15:51 CEST
Agrana, RWA equip Austrian fruit juice concentrate plant with solar modules
May 27, 2022 15:36 CESTShare this story
Tags
About the author
