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60 MW Photovoltaic Capacity: Sunfarming Group Expands Polish Portfolio

Frankfurt am Main, Germany - The Sunfarming Group from Erkner has expanded its Polish photovoltaic portfolio at the end of 2021. The total of 48 solar projects with a capacity of 60 MW were acquired from various Polish developers.

The largest transaction includes a project portfolio with approximately 37 MWp, for the construction of which Sunfarming was able to gain a new financing partner with the help of Capcora GmbH. For all projects, Sunfarming was already able to secure construction phase financing to ensure timely implementation of the projects.

"Thanks to a good and professional cooperation with our advisors, we were able to acquire three portfolios from different sellers in December 2021 alone, while securing financing from three different lending institutions“, said Anna Pilarczyk-Naprawski, Managing Director Poland of SUNfarming Group.

Sunfarming was advised in the transactions by Rödl&Partner (M&A, due diligence) and Bird&Bird (financing) as legal advisors and by Capcora as financial advisor.

Source: IWR Online, 18 Jan 2022