Project Finance Brief: ORLEN Group to Acquire 280 MW Solar Project Portfolio in Poland
OX2 sells energy storage project in Finland
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ORLEN Wind 3, a subsidiary of the ORLEN Group, entered into a preliminary agreement with EDP Renewables Polska, a renewable energy project developer, to acquire two solar projects with a total capacity of 280 MW located in the provinces of Zielona Góra and Poznań in Poland. The company will also acquire a 26 MW wind project in the province of Łódź. The transaction is valued at approximately PLN 1.15 billion (~$0.29 billion).
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