R.Power Secures $40 Million Financing for 68 MW Solar Project Portfolio in Portugal

The company secured a long-term power purchase agreement with a European energy group

February 7, 2025

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R.Power, an independent renewable energy power producer in Europe, announced the close of an international project finance agreement totaling €38.6 million (~$39.92 million) with CaixaBank and Banco BPI. The financing will be used to develop a 68 MW solar project portfolio in Portugal.

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R.Power Secures $40 Million Financing for 68 MW Solar Project Portfolio in Portugal

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