SUSI, 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.

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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.

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