SIG Secures Debt Facility for 2 GWp Solar PV Pipeline in Poland

Sun Investment Group (SIG), a European renewable energy group, has secured a debt facility for its solar PV projects in Poland. The total capacity is 1,970 MWp. This deal, facilitated by an international debt fund, was structured by the financial advisor, Capcora GmbH.

SIG's pipeline includes 323 projects ranging from 1 MWp to 120 MWp, with around 100 MWp at ready-to-build stage. The portfolio also comprises 1,120 MW in mid-stage and 750 MWp in early-stage projects. With additional 190 MW of RTB projects in Poland, SIG is a significant player in the renewable energy sector.

This financing will enable SIG to advance its business plans over the next few years. According to Deividas Varabauskas, CEO of SIG, the Polish market remains attractive for investors and lenders.

Bartek Hofmann, Director at Capcora, highlighted the significance of securing this alternative financing solution and completing the transaction, given the diverse stages and volume of the projects.

Legal advisory was provided by Deloitte Legal Poland and TGS Baltic.