Alternus Energy to buy 184 MW Polish PV

Green Energy

Dublin, Ireland-based independent power producer (IPP) Alternus Energy Group said it has signed agreements to acquire additional solar farms in Poland, totaling 184 MW (megawatt).

The projects, located across the country, are either currently in construction or have already achieved a commercial operation date (COD).

They range in size from 1 MW to 10 MW and the majority have government-backed offtake contracts are already in place. Alternus said it is acquiring the parks from local developer Projekt Solartechnik (PST), a Famur and TDJ groups company.

Closing of the transaction is conditional on the successful achievement of certain conditions precedent.

Completion of the contracts will see Alternus invest over PLN 750 million (USD 169.5 million) for new constructed PV solar parks in Poland. 

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