Polish renewable energy developer R.Power has secured €30 million in green bond financing from the International Finance Corporation (IFC) to support the development of some of Poland’s first large-scale battery energy storage systems.
The transaction marks R.Power’s first euro-denominated issuance under its ongoing 1 billion zloty green bond programme, with 610.7 million zloty already issued.
“This is a significant step forward for us – both in terms of project scale and investor profile,” said Tomasz Sęk, vice president at R.Power. “The fact that IFC chose to support R.Power is not only a vote of confidence in our strategy, but also a signal that Poland’s energy storage market is maturing.”
The IFC, a member of the World Bank Group, said its investment is intended to demonstrate the commercial viability of standalone battery storage in the Polish market.
“This investment will help accelerate Poland’s clean energy transition… and catalyse private investment in innovative solutions that strengthen energy security and grid flexibility,” said Ary Naïm, IFC country manager for Poland.
The financing will support infrastructure designed to stabilise the power grid and enable greater integration of renewable energy. IFC said the initiative aligns with its broader strategy of backing high-impact, sustainable investments in Poland’s energy sector.
