NORD/LB has announced a €32.5 million financing package to support a portfolio of 32 solar farms being developed in Poland by Sun Investment Group. As the sole lender on the transaction, NORD/LB worked alongside financial adviser Capcora to structure and finalize the deal. The financing reflects NORD/LB’s ongoing role as a key banking partner for Europe’s energy transition.
The 32 solar farms included in the portfolio are ready for construction and are scheduled to begin operation between 2026 and 2027. These projects consist of small and medium-sized ground-mounted photovoltaic installations distributed across Poland, chosen to optimize regional solar generation potential. Together, the portfolio is expected to produce more than 59 GWh of clean electricity annually—enough to cover the consumption of roughly 17,000 households. The projects will benefit in part from Poland’s Contracts for Difference support scheme, which will help stabilize revenues and reduce market exposure for as long as 15 years.
Cécile Luciano, Director at NORD/LB, said that the bank is pleased to have been selected to finance this portfolio, noting that Poland remains one of the fastest-growing renewable energy markets in Central and Eastern Europe. She emphasized that the new solar farms will meaningfully expand the country’s solar capacity and support its long-term decarbonization goals.
Enrique Gomez de Priego, COO of Sun Investment Group, highlighted that the financing agreement demonstrates a strong commitment from leading financial institutions to support Europe’s renewable energy ambitions. He added that bringing these 32 new solar plants online will not only increase clean-energy production in Poland but also reinforce the company’s broader sustainability goals and engagement with local communities. He underlined that Poland is a strategic market for the company, and this financing marks an important step forward in strengthening its presence in the region.
Poland has positioned solar power as a core element of its national energy strategy, Polityka Energetyczna Polski 2040. The country aims to reach 40 GW of installed solar capacity by 2030 and 59 GW by 2035. Sun Investment Group’s portfolio is expected to make a measurable contribution to these targets as Poland accelerates its transition to cleaner energy sources. On the advisory side of the transaction, Dentons acted as legal counsel to NORD/LB, while Norton Rose Fulbright served as legal adviser to Sun Investment Group. Overall, the financing package marks a significant step in advancing solar development in Poland and further demonstrates the role of strategic partnerships in delivering renewable energy infrastructure across Europe.
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