R.Power Secures €43 Million Financing for Polish Solar Portfolio, Strengthening European Expansion

Warsaw, Poland – February 2026 – Polish renewable energy developer R.Power has secured approximately €43 million (PLN 181 million) in project financing to support the development of a 70.5 MWp solar photovoltaic portfolio in Poland, reinforcing its position as a leading independent power producer (IPP) in Europe.

The financing was provided by Bank Millennium, marking another milestone in R.Power’s expanding track record in renewable energy financing. 

Nine-Project Portfolio with Mixed Development Stages

The funded portfolio consists of nine solar PV projects, including both operational assets and projects currently under construction, with full commissioning expected by the end of 2026. 

Revenue stability for the projects is supported through a combination of:

• Contracts for Difference (CfDs)

• A long-term 470 GWh Power Purchase Agreement (PPA)

This structured revenue model has played a key role in securing lender confidence and enabling project financing at scale. 

Strong Financing Momentum Across Europe

The latest deal brings R.Power’s total project financing raised over the past 12 months to approximately €150 million, reflecting a period of rapid expansion across multiple European markets. 

Recent milestones include:

• Entry into Portugal with €38.6 million financing

• Expansion into Romania with €12.4 million funding

• First financing in Germany for a 20 MW project

These developments highlight the company’s strategy to diversify geographically while scaling both solar and energy storage assets.

Growing Role of Storage in Strategy

In addition to solar expansion, R.Power is actively building a presence in battery storage. The company has:

• Secured €45 million financing for its first BESS project

• Obtained €118 million in grants to support future storage developments in Poland 

This signals a broader shift toward solar-plus-storage portfolios, aligning with Europe’s need for grid flexibility and renewable integration.

Executive Perspective

Michał Swół, Chief Investment Officer of R.Power, emphasized the company’s growing credibility in financial markets:

“R.Power has built a demonstrable track record in the debt markets… with one of Europe’s largest investor-ready pipelines of utility-scale storage and renewables projects.” 

He added that the company expects to be even more active in project financing in 2026, driven by strong investor demand and an expanding pipeline.

European Market Context

The transaction reflects a broader trend across Europe, where structured financing models—combining CfDs, PPAs, and hybrid assets—are accelerating renewable deployment.

With a growing portfolio of solar and storage assets, R.Power is positioning itself at the forefront of Central and Eastern Europe’s energy transition.