NextEnergy Fund Expands with 50MW Solar Portfolio in Poland

Jul 30, 2024 02:43 PM ET
  • NextEnergy Capital's fund continues its global expansion with a new 50-MW solar portfolio in Poland, adding to its growing sustainable energy investments worldwide.

NextEnergy Capital's fund has acquired a 50-MW solar portfolio in Poland from Grenevia SA. This marks the fund's third closed investment in three months, following acquisitions in the USA and Europe. The fund, NextPower V ESG, has built a portfolio of 116 MW of operational solar assets and 100 MW of projects under construction in the past six months. It aims to transact about 400 MW more by the end of the quarter.

NPV ESG is seeking to reach a size of USD 1.5 billion with a ceiling of USD 2 billion, with a target of achieving 4 GW to 5 GW of capacity. The London-based renewables manager continues to expand its presence in the solar energy sector, with a focus on sustainable investments in various regions around the world.

What is NextEnergy Capital's strategy for expanding its solar portfolio globally?

  • NextEnergy Capital's strategy for expanding its solar portfolio globally includes acquiring solar assets in various regions such as Poland, the USA, and Europe.
  • The fund, NextPower V ESG, aims to transact about 400 MW more by the end of the quarter, with a goal of reaching a size of USD 1.5 billion to USD 2 billion.
  • NextEnergy Capital is focused on sustainable investments in the solar energy sector, with a target of achieving 4 GW to 5 GW of capacity.
  • The London-based renewables manager is actively seeking opportunities to grow its solar portfolio and expand its presence in the global renewable energy market.



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