R.Power to Sell Stakes in 124MW Solar, 86MW Storage

• R.Power plans to sell a 49.9% stake in hybrid renewables, including 124 MWp solar and 86 MW batteries, to boost diversified financing—pending regulator approval.

R.Power said a unit of the group has agreed to sell 49.9% stakes in hybrid renewable projects to an unnamed buyer. The portfolio comprises photovoltaic (PV) capacity of 124 MWp and battery energy storage facilities totaling 86 MW.

The agreements, signed with the buyer, are subject to conditions including approval from the competition regulator on market concentration. R.Power said the purchase price is set on market terms and aligns with its strategy to diversify how it finances project development. The company develops utility-scale PV, onshore wind and battery storage, and is active in Poland, Romania and other European countries.

What does R.Power’s planned sale of hybrid renewable stakes mean for funding diversification?

• Shifts R.Power’s funding mix away from being overly dependent on balance-sheet capital and/or single-source project financing by bringing in equity proceeds tied to operating or near-operating hybrid assets.
  
• Enables partial monetisation of developed renewable and storage projects (via stake sales rather than full exits), which can free capital while preserving continued exposure to future cash flows.
  
• Helps reduce concentration risk in financing structures by spreading funding across multiple investors and transaction types (development, construction, and later-stage capital recycling).
  
• Strengthens the company’s ability to recycle returns into new pipeline projects, supporting continued growth without relying solely on additional debt or periodic capital raises.
  
• Likely improves liquidity and cash-flow planning by converting long-duration infrastructure value into nearer-term funding for development activities and balance-sheet management.
  
• Provides a route to diversify sources of capital in Europe, as regulatory-approved buyers can include different financial investors with varying risk appetites and time horizons.
  
• Can lower leverage sensitivity by potentially reducing the need for incremental borrowing to finance new capacity additions or to meet construction and commissioning milestones.
• Transfers part of market and execution risk on specific hybrid portfolios to the buyer, which may make future financing for new projects easier to structure.