NextEnergy Capital Expands into Poland with 66-MW Purchase

• NextEnergy Capital expands into Poland with 65.6 MW of renewable energy capacity, part of its fifth investment fund targeting solar and battery storage projects globally.

London-based NextEnergy Capital has entered the Polish market with the acquisition of 65.6 MW of renewable energy capacity in Poland through its fifth investment fund. The portfolio includes operating plants with long-term contracts awarded in Poland’s CfD auction mechanism. The vendor of the assets is an experienced investor and developer of renewable energy projects.

The newly-acquired plants will be held by NextPower V ESG, an investment vehicle targeting solar and battery storage projects in selected OECD countries. The fund has raised USD 745 million so far, with a fundraising goal of USD 1.5 billion and a hard cap of USD 2 billion. NextPower V ESG's seed asset is a 100-MW solar park in Florida with a PPA, and it has exclusivity over an 18-GW pipeline of projects in Spain, Poland, Italy, Canada, and the US.

What is NextEnergy Capital's strategy for expanding into the Polish solar market?

• NextEnergy Capital's strategy for expanding into the Polish solar market involves acquiring 65.6 MW of renewable energy capacity through its fifth investment fund.
• The portfolio includes operating plants with long-term contracts awarded in Poland’s CfD auction mechanism, ensuring a stable revenue stream.
• The assets were purchased from an experienced investor and developer of renewable energy projects, showcasing NextEnergy Capital's commitment to working with industry experts.
• The newly-acquired plants will be held by NextPower V ESG, an investment vehicle specifically targeting solar and battery storage projects in selected OECD countries.
• NextPower V ESG has raised USD 745 million so far, with a fundraising goal of USD 1.5 billion and a hard cap of USD 2 billion, indicating a strong financial commitment to the Polish solar market.
• The fund's seed asset is a 100-MW solar park in Florida with a PPA, and it has exclusivity over an 18-GW pipeline of projects in Spain, Poland, Italy, Canada, and the US, demonstrating a diverse and expansive investment strategy.