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to-the-point: Eiffel Energy Transition Fund agrees funds for 65 MW of Polish PV

Solar modules. Author: Oregon Department of Transportation. License: Creative Commons, Attribution 2.0 Generic.

June 13 (Renewables Now) - The Paris-based Eiffel Energy Transition Fund said Wednesday it has signed a EUR-30-million-plus (USD 33.9m) bond subscription agreement that will help finance the construction of a 65.5-MW solar portfolio in Poland.

The deal was signed with JSC Atsinaujinancios energetikos investicijos, a unit of the Energy and Infrastructure SME Fund managed by Lords LB Asset Management.

The portfolio in question comprises 66 projects of up to 1 MW that should be completed around mid-2020. The plants are mostly located to the north-west of Warsaw. Each of them emerged as a winner in the Polish renewable energy auction held in November 2018.

(EUR 1.0 = USD 1.129)

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Ivan is the mergers and acquisitions expert in Renewables Now with a passion for big deals and ambitious capacity plans.

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