![Polish Development Fund Buys PLN 120 million of R.Power Green Bonds – EQ Mag Pro](https://www.eqmagpro.com/wp-content/uploads/2022/08/Construction-of-Alaskas-largest-solar-project-gets-underway-in-Houston.jpg)
Polish Development Fund Buys PLN 120 million of R.Power Green Bonds – EQ Mag Pro
Polish solar project programmer as well as power producer R.Power SA has issued PLN 120 million (USD 25.5 m/EUR 25.4 m) of green bonds to a fund handled by the Polish Development Fund (PFR), the company claimed on Thursday.
The take care of PFR Closed-end Investment Fund of Non-Public Assets (FIZAN), part of whose financial investment portfolio is taken care of by PFR, comes quickly after a PLN-80-million green bond problem to EBRD.
The combined profits will certainly be used to sustain the development of R.Power’s portfolio in Poland. The solar designer has actually until now provided PLN 450 million under its green bond issuance programme of up to PLN 1 billion.
“The investment in R.Power’s green bonds will allow to preserve the development momentum of one of the most swiftly expanding Polish companies in the area of renewable resource sources,” stated PFR vice head of state Bartlomiej Pawlak.
R.Power claims it is currently creating a portfolio of over 7 GWp and also is likewise stepping up development in Spain, Portugal, Italy, Germany as well as Romania.
Source: PTI
Related posts:
- Air Liquide and IVECO collaborate to accelerate the development of hydrogen heavy-duty mobility in Europe – EQ Mag Pro
- Energy Dome and Ansaldo Energia Sign Agreement to Bring Energy Storage Facilities to Europe, Middle East, Africa – EQ Mag Pro
- Commission approves €1.2 billion Italian scheme under Recovery and Resilience Facility to support investments in photovoltaic panels in the agricultural sector: European Commission – EQ Mag Pro
- EBRD invests PLN 80 million in R.Power green bonds in Poland – EQ Mag Pro