NextEnergy Capital acquires solar portfolio in Poland

NextEnergy Capital announces the acquisition of its first solar portfolio in Poland, marking a key step in its expansion strategy in Eastern Europe.

Share:

Comprehensive energy news coverage, updated nonstop

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access • Archives included • Professional invoice

OTHER ACCESS OPTIONS

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

FREE ACCOUNT

3 articles offered per month

FREE

*Prices are excluding VAT, which may vary depending on your location or professional status

Since 2021: 35,000 articles • 150+ analyses per week

NextEnergy Capital (NEC), via its NextPower V ESG fund (NPV ESG), recently acquired a 65.6 MW solar portfolio in Poland. This acquisition, benefiting from 100% inflation-indexed contracted revenues for a 15-year term. It is part of a series of strategic investments aimed at strengthening NEC’s presence in the European renewable energy market.

Financial and technical background

The portfolio, acquired from an investor in the development of renewable energy projects, underlines NEC’s commitment to developing solar infrastructure in selected OECD markets. NPV ESG, which targets an investment ceiling of $2 billion, has already reached $745 million. This was made possible by contributions from British and Dutch pension funds.

Expansion and sustainable development

With a pipeline of projects totaling 18 GW. NPV ESG plans to generate enough clean energy to power up to 1.1 million homes a year. This would reduce fossil natural gas consumption by almost 220 million m³ per year. This strategy reflects NEC’s goal of leading the transition to clean energy while offering attractive financial returns to its investors.

Impact on the Polish market

Poland, with its growing commitment to renewable energies, represents a key market for NEC. The recent refinancing of a €46.5 million debt facility for NextPower III ESG’s 94 MW solar portfolio illustrates NEC’s continued confidence in the Polish market’s ability to support large-scale solar infrastructure projects.

Future prospects

Aldo Beolchini, Partner Manager and Chief Investment Officer of NextEnergy Group, underlined the importance of this acquisition. He says: “As we progress towards our investment ceiling and realize our pipeline of projects across Europe, Canada and the U.S., we’re helping countries reduce their consumption of fossil fuels, increase their energy independence and lower energy prices for consumers.” Antonio Salvati, Chief Executive Officer of NextPower V ESG, added: “We are delighted to announce NextPower V ESG’s inaugural acquisition in Poland with this 65.6 MW solar portfolio. This acquisition marks an important milestone in our commitment to the solar infrastructure sector, propels our clean energy transition mission and offers attractive returns for investors.”
NextEnergy Capital’s NPV ESG project in Poland is a key step in the expansion of solar energy in Eastern Europe. It reflects NEC’s commitment to investing in sustainable infrastructure and supporting the global energy transition, while offering solid financial returns to its investors.

i Grid Solutions and CPower have partnered to accelerate the deployment of solar plants through on-site power purchase agreements, targeting 30MW of installed capacity by 2028.
PowerBank has signed a lease for a 1.76 MW ground-mounted solar project in upstate New York, aiming to power around 200 homes through a community-based programme.
AXIAN Energy has acquired a majority stake in the Bangweulu solar plant in Zambia, strengthening its pan-African solar strategy while entering a rapidly growing energy market.
Sun Trinity has commissioned a 3.1 MW solar carport in Nara, bringing its on-site PPA capacity with Aeon Mall to 10.1 MW under a nationwide rollout plan across twelve commercial sites.
A joint programme funded with CHF15.12mn ($19mn) aims to boost energy efficiency and renewables in Alpine regions by 2029.
Aurora Renewables will develop an intelligent microgrid combining solar, batteries and digital simulation technology to enhance power supply in northern Saskatchewan.
Norwegian firm Scatec expands its presence in West Africa with two solar projects totalling 64 MW and a 10 MWh storage system, under lease agreements signed in Liberia and Sierra Leone.
The New South Wales Government has approved Ark Energy’s hybrid solar and battery project in Richmond Valley, combining a solar power plant and long-duration storage.
Nextracker will supply steel frames for solar modules to T1 Energy in a multi-year deal worth over $75mn, aiming to strengthen the local solar supply chain and reduce dependence on imported aluminium.
Geronimo Power has started construction on the Bee Hollow solar park in St. Clair County, a 150 MW project expected to generate $54mn in direct economic impact for the region.
EDP has commissioned a solar power plant in Salerno integrating livestock farming, with a capacity of 10 MWc and an annual output of 17 GWh, marking the launch of a hybrid model to be replicated in France and Germany.
Aura Power has finalised financing for its fourth UK solar plant in twelve months, backed by Rabobank, bringing its under-construction capacity to 242 MWp across the country.
The Tützpatz solar project, developed by Vattenfall and powered by GCL System Integration, combines energy production and agricultural use across 93 hectares without public funding.
Koshidaka Group signed a 10-year power purchase agreement with Farmland and Eneres to supply its Tokyo-area facilities with electricity from a 1.6MWAC solar plant located in Annaka.
The PairPHNXX system, designed for rapid deployment in areas without grid access, targets agricultural, military, and industrial markets with a turnkey modular technology.
Ascent Solar Technologies has delivered samples of its flexible photovoltaic technology to two companies for testing in extreme environments, at sea and in space.
Geronimo Power has started construction of the Bee Hollow solar project, valued at $54mn, in St. Clair County, delivering jobs, tax revenue and a partnership with the IMEA municipal agency.
The British government has approved Tillbridge Solar Farm, a 500-MW solar power plant with 2,310 MWh of energy storage, developed by Tribus Clean Energy and Recurrent Energy.
wpd solar France has launched construction of a 140.6MWc photovoltaic park in Marcy, in the Nièvre department, integrating agricultural co-activity across 632 hectares in partnership with five local farms.
Independent energy producer CVE has inaugurated a 12 MWc solar farm on municipal land in Volx, generating 19 GWh annually and an estimated €5mn in economic returns over 30 years.

All the latest energy news, all the time

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access - Archives included - Pro invoice

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

*Prices shown are exclusive of VAT, which may vary according to your location or professional status.

Since 2021: 30,000 articles - +150 analyses/week.