English
Deutsch
Sun Investment Group Secures €32.5 Million for 59 MWp Solar PV Portfolio in Poland from NORD/LB
We’d be happy to provide you with more details about our case. Feel free to reach out to us via email or phone, and we’ll gladly return your call at a time that works best for you.
Alexander Enrique Kuhn
Tel.: +49 (69) 348 710 111
Mob.: +49 (176) 966 676 90
Sun Investment Group (SIG), a vertically integrated European renewable energy company, has successfully closed a Euro denominated portfolio financing facility in amount of €32.5 Million for 32 ready-to-build solar PV projects in Poland, with a combined installed capacity of 59 MWp. The construction bridge financing including VAT facility was provided by NORD/LB. Capcora acted as exclusive financial adviser in this transaction.
The 32 projects are at various stages of development, including both ready-to-build (RTB) and under-construction assets., demonstrating SIG’s strong development capabilities in the Polish renewable energy market. 28 of these projects will benefit from the CfD support scheme, with the remaining 4 projects planned to be operated fully merchant.
“Successfully arranging this financing package for this portfolio is an important step in strengthening Sun Investment Group’s position in the Polish market,” said Enrique Gomez de Priego Fernandez, COO at Sun Investment Group. “The projects’ readiness and the support from NORD/LB underline our capability to deliver high-quality renewable-energy projects efficiently.”
Christian Wolff, Director at NORD/LB added: “We are pleased to support Sun Investment Group with mini-perm facility. The projects represent well-structured opportunities in a growing market, and we value our ongoing collaboration.”
“This transaction highlights our continued ability to facilitate tailored financing solutions for solar developers in Poland. Completing a portfolio facility for multiple projects requires a deep understanding of local market dynamics and investor requirements,” commented Alexander Kuhn, Managing Partner at Capcora.
About Sun Investment Group
The Sun Investment Group was founded in 2017 and currently employs over 75 experts across Europe, including Poland, Italy, Spain, and Lithuania. Its portfolio now exceeds 3 GW, with almost 100 MW under construction and nearly 200 MW consisting of ready-to-build projects. To date, the group has successfully developed, constructed, and sold more than 200 MW of solar power plants in the UK, Poland, and Lithuania. The company is now beginning construction on solar projects totalling over 60 MW in Poland, which are planned for sale to third-party buyers. Additionally, Sun Investment Group has nearly 700 MW in Italy and expects to achieve 200 MW of ready-to-build projects by the end of 2026.
About NORD/LB
NORD/LB Norddeutsche Landesbank is one of Germany’s leading commercial banks. As a public-law institution, it is part of the Sparkassen-Finanzgruppe (S-Finanzgruppe). Its core business areas include corporate clients and affiliated business, specialized financing in the energy and infrastructure sectors, commercial real estate financing through Deutsche Hypo, capital markets activities, as well as private and business banking, including private banking services. The bank is headquartered in Hannover, Braunschweig, and Magdeburg, with additional branches in Oldenburg, Hamburg, Schwerin, Düsseldorf, and Munich. Outside Germany, NORD/LB operates through its covered bond bank (NORD/LB Covered Bond Bank) in Luxembourg and has branches in London and New York.
About Capcora
Capcora is an independent financial advisory boutique specialising in M&A and project finance services to accelerate the energy transition in Europe. Founded in 2015, the Frankfurt-based company helps its clients succeed in the renewable energy and infrastructure sectors by advising them on sell-side and buy-side transactions, and by raising mezzanine, unitranche or senior debt.
Media inquiries
Capcora GmbH
E-Mail: marketing@capcora.com
