HANSAINVEST Real Assets is expanding its financial commitment in the field of renewable energy and investing approx. 50 million euros in a portfolio of 231 planned solar parks in Poland. The mez-zanine capital is being extended in the form of a subordinated loan to the independent power produc-er SUN IPP GmbH & Co. KG (SUN IPP), which was specially founded to this end by SUNfarming Gruppe. The owner-managed company domiciled in Erkner near Berlin intends to use the funds for the development of additional solar parks. The euro-denominated mezzanine financing has a term of as much as 20 years. The nameplate capacity of the financed plants amounts to about 257 megawatts-peak (MWp).
HANSAINVEST Real Assets was advised on this transaction by Dentons, Baker Tilly and renerco plan consult. Capcora was exclusively mandated as the financial advisor for SUNfarming Gruppe.
“We are pleased to celebrate our debut on the Polish renewable energy market with an existing part-ner, who at the same time has been active on the Polish market for many years now and already boasts a significant track record. We are convinced that Poland offers us enormous growth opportu-nities. The contract for difference system also offers protection against inflation on the revenues from the energy exchange, which ensures additional security for our investment,” explains Christoph von Geldern, Head of Portfolio Management Infrastructure at HANSAINVEST Real Assets.
“We are expanding our successful partnership with HANSAINVEST Real Assets. Poland is our second principal market and we are grateful for the trust placed in our work, which is being underscored by the expansion of the partnership. 2022 has shown the potential waiting to be tapped on the Polish market and we are pleased to have our partners accompany us on this path,” says Martin Tauschke, Managing Director of SUNfarming Gruppe and SUN IPP.