Lithuania-based JSC Atsinaujinančios Energetikos Investicijos, managed by Lords LB Asset Management, has divested 100% of its ownership in Energy Solar Projekty Sp. z o.o. to a UK-based investment management firm specializing in renewable energy. The transaction includes a 66 MW portfolio of operational solar PV farms in Poland, built and energized in 2020. The projects operate under Poland’s Contract for Difference (CfD) scheme and were financed by the European Investment Bank (EIB) and PEKAO Bank. Following the sale, the company retains a 190 MW solar PV portfolio in Poland and operates 186 MW of wind farms in Lithuania while pursuing further renewable energy developments in Lithuania and Latvia.
JSC divested 66 MW solar portfolio in Poland
JSC divested its operational 66 MW solar farms in Poland while retaining a 190 MW portfolio. (Image Credit/Source: EnergeiaTomique/Pixabay)
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