R.Power, an independent renewable energy producer, has announced a strategic partnership with a financial investor who will acquire a 49.9% minority stake in two of the company’s solar development special purpose vehicles (SPVs). These special purpose vehicles are behind two nearly ready-to-build photovoltaic projects located in Krzyżowa and Lasocice, both located in south west Poland, with a combined capacity of 91.6 MWp.
Patrik Danz of IBC Solar: “It’s a very exciting market”
Financing leverages external capital
Special purpose vehicles (SPVs) are independent legal entities created to manage specific financial projects or assets with financial separation from parent companies. This structure allows investors to pool their resources and focus investments on clearly defined targets while mitigating risks. SPVs are widely used in project financing and asset securitisation, offering the flexibility to tailor each vehicle to its particular financial mission. In line with this approach, the recent deal was formalised through conditional investment agreements and represents a significant milestone in R.Power’s strategy to leverage external capital. By utilising SPVs, R.Power efficiently attracts focused investor participation, enabling the company to scale its renewable energy portfolio while managing financial risks effectively.
Poland’s grid overhaul: Integrating 90 GW of renewables by 2040
Laying the groundwork for hybrid infrastructure
Importantly, the cooperation is not limited to solar. The partnership also includes plans to develop onshore wind capacity at the Lasocice site using the same grid connection point, alongside future integration of Battery Energy Storage Systems (BESS) at both locations. The commercial operation date for the solar assets is targeted for 2027.
From niche to necessity – the PV-boom in Central and Eastern Europe
Partnerships as a pillar of growth
“This is another step in executing our project financing strategy – collaborating with trusted investors allows us to accelerate the energy transition and scale up our investments,” said Katarzyna Suchcicka, Vice President of the Management Board at R.Power.
Tobias Schuessler of Goldbeck Solar Polska: “The demand for solar parks is rising”
Scalable project framework
The agreement also leaves room for further capacity expansion, underlining the project's flexibility and long-term potential. For European PV experts, this move showcases how hybrid project models combining solar, wind, and storage are becoming the new standard in renewable development. (mg)
