pv

NORD/LB closes Polish 59 MW solar portfolio financing with Sun Investment Group

Energy transition bank NORD/LB has announced a 32.5 million euro financing package for a 59 MW portfolio of 32 solar farms in Poland being constructed by European renewable energy company Sun Investment Group.
Courtesy of NLR.
Courtesy of NLR.

The 32 solar farms are in the ready-to-build stage and are set to go live throughout 2026 and 2027. These facilities comprise medium and small-scale ground-mounted photovoltaic (PV) plants strategically located across Poland. Together, they are expected to generate over 59 GWh of clean electricity annually – enough to power approximately 17,000 homes.

The portfolio will partially benefit from Poland’s Contracts for Difference (CfD) support scheme, helping to mitigate merchant risk and ensure a steady revenue stream for up to 15 years.

“We are delighted to be selected by Sun Investment Group to finance and support the development of this Polish solar portfolio” said Cécile Luciano, Director at NORD/LB. “Poland is one of Central and Eastern Europe’s leading and fastest-growing renewable energy markets, and Sun Investment Group’s portfolio will deliver a meaningful contribution to increasing the country’s PV capacity and supporting ambitious decarbonisation and net-zero goals.”

Poland has made solar energy a key pillar of its national energy strategy (Polityka Energetyczna Polski 2040), targeting 40 GW of installed capacity by 2030 and 59 GW by 2035. Sun Investment Group’s Polish solar portfolio will play its part in supporting the country’s progress towards these ambitious targets.  

“The addition of these 32 solar plants to our expanding portfolio will accelerate our efforts to deliver clean energy in Poland while reinforcing our commitment to sustainability and local communities” added Enrique Gomez de Priego, COO of Sun Investment Group. “Poland continues to be a strategic market for SIG, and this financing represents a crucial step in broadening our renewable energy footprint in the region.”

For additional information:

NORD/LB

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