R.Power, one of the largest independent power producers in Poland and the CEE region, has announced that it has secured its first-ever project finance financing on the German market, marking a new stage in the company’s international expansion. The financing was enabled by DAL Deutsche Anlagen-Leasing together with its financing partner Deutsche Leasing Finance and relates to the Klotze photovoltaic power plant project with a capacity of approximately 20 MW, located in the federal state of Saxony-Anhalt.
The Klotze project is R.Power’s first large-scale photovoltaic investment in Germany. The installation will benefit from a 20-year support scheme awarded under the German EEG auction system. Securing the financing is part of R.Power’s consistently executed international growth strategy. In recent years, the company has been dynamically expanding its operations outside Poland, delivering projects in, among others, Romania and Portugal, with Germany representing another key direction of expansion in Western Europe.
The Klotze project complements R.Power’s growing portfolio in Germany, which already includes over 115 MW of solar capacity awarded under the **Innovation Auction organised by Bundesnetzagentur. This portfolio comprises photovoltaic projects, installations integrated with energy storage systems, and hybrid solutions.
“We are consistently building R.Power’s position as a pan-European renewable energy developer and producer. In recent years, we have secured more than EUR 250 million in growth capital from international financial institutions, enabling us to scale our project portfolio. Germany is a natural, yet highly demanding, direction for this expansion. Securing financing for the Klotze project is an important step in strengthening our presence on this market and in executing our strategy based on multi-technology projects,” said Przemek Pięta, CEO and co-founder of R.Power.
R.Power’s strategy assumes the continued expansion of its renewable energy project portfolio across European markets, with a particular focus on hybrid solutions combining photovoltaic power and energy storage.
About R.Power Group
R.Power is a leading independent renewable energy producer headquartered in Poland, with operations also in Romania, Italy, Portugal, Spain and Germany. As a multi-technology company, R.Power is developing a project portfolio with a total capacity exceeding 32 GW in new energy sources, with generation supported by Power Purchase Agreements (PPAs) and Contracts for Difference (CfDs). The company’s activities cover the entire renewable energy value chain – from project development to energy production as an independent power producer (IPP).
EPC (engineering, procurement, construction) and O&M (operations and maintenance) services are provided by the specialised subsidiary NOMAD Electric. In addition, through Quanta Energy, R.Power delivers comprehensive energy solutions for industrial clients, companies and institutions.
R.Power is a leading independent renewable energy producer headquartered in Poland, with operations also in Romania, Italy, Portugal, Spain and Germany. As a multi-technology company, R.Power is developing a project portfolio with a total capacity exceeding 32 GW in new energy sources, with generation supported by Power Purchase Agreements (PPAs) and Contracts for Difference (CfDs). The company’s activities cover the entire renewable energy value chain – from project development to energy production as an independent power producer (IPP).
EPC (engineering, procurement, construction) and O&M (operations and maintenance) services are provided by the specialised subsidiary NOMAD Electric. In addition, through Quanta Energy, R.Power delivers comprehensive energy solutions for industrial clients, companies and institutions.
About DAL
With an accompanied transaction volume of over EUR 3.3 billion per year, DAL is one of the leading specialists in the realization of large-volume, asset-based investment projects. As the energy competence center of the savings banks, DAL gives its customers access to the financing power of a strong and reliable financial group. DAL structures and arranges the financing of transformation projects in Germany and selected European countries.
With an accompanied transaction volume of over EUR 3.3 billion per year, DAL is one of the leading specialists in the realization of large-volume, asset-based investment projects. As the energy competence center of the savings banks, DAL gives its customers access to the financing power of a strong and reliable financial group. DAL structures and arranges the financing of transformation projects in Germany and selected European countries.