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GoldenPeaks Capital secures financing for Polish solar portfolio

EditorRachael Rajan
Published 12/08/2023, 08:56 AM
© Reuters.

WARSAW - GoldenPeaks Capital (GPC) has successfully finalized a financing agreement for its "Charlie" solar photovoltaic (PV) portfolio, comprising 55 projects throughout Poland with a total capacity of 72 megawatts peak (MWp).

The deal, led by GPC's President Daniel Tain with Capcora as financial advisor, was struck with PKO Bank Polski and DNB Bank ASA.

The "Charlie" portfolio, which includes projects ranging from 1 to 8 MWp each, is set to benefit from long-term Euro-denominated Power Purchase Agreements (PPAs) during their operational phase. These agreements are pivotal for the financial stability of the green energy projects and highlight GPC's role as a pioneer in the use of Euro-denominated PPAs within the Polish market.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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