Sun Investment Group has secured a €32.5 million financing package from NORD/LB to support a 59-MW portfolio of 32 solar farms in Poland, the companies said.
NORD/LB acted as sole lender on the transaction, while Capcora served as financial adviser.
The solar plants are scheduled to enter operation across 2026 and 2027. Part of the portfolio will benefit from Poland’s Contracts for Difference support scheme, which is designed to reduce merchant exposure and provide stable revenues for up to 15 years.
NORD/LB Director Cécile Luciano said the bank viewed the market as a key growth area.
“We are delighted to be selected by Sun Investment Group to finance and support the development of this Polish solar portfolio,” Luciano said.
“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.”
Sun Investment Group Chief Operating Officer Enrique Gomez de Priego said the financing strengthens the developer’s expansion plans.
“This partnership underscores the commitment of major financial institutions to support European green energy objectives and enhances SIG’s capacity to make a meaningful impact in the renewable energy sector,” he said.
“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.”
Poland is targeting 40 GW of installed solar capacity by 2030 and 59 GW by 2035.
Law firm Dentons advised NORD/LB on the deal, while Norton Rose Fulbright acted for Sun Investment Group.
