Project Finance Brief: Ignitis Group to Acquire 80 MW of Solar Projects in Poland

Taaleri SolarWind II fund acquires the 50 MW Niebla solar project in Spain

November 21, 2021

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Ignitis Renewables, which owns renewable energy projects in the Baltic States and Poland, has entered into an agreement to acquire 100% of the shares of companies developing 80 MW of solar portfolio in Poland. Estimated total investments amount to around €50 million (~$56.5 million). The projects to be acquired are in various stages of development and likely to be ready for commercial operation in2022 –2023.

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