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EBRD invests alongside the Three Seas Initiative Investment Fund

R.Power S.A. (''R.Power'') has raised a further €75 million of equity capital from EBRD following the investment in March 2023 by the Three Seas Initiative Investment Fund S.A. SICAV-RAIF

6 FAQs about [R power s a Barbados]

Who is R power?

R.Power is one of the fastest-growing privately owned renewable energy developers in Poland. The company has expanded its renewables portfolio significantly in recent years, not only in Poland, but also in other European Union (EU) markets, including Romania, Germany, Italy, Spain and Portugal.

Why should EBRD partner with R power?

Grzegorz Zielinski, the EBRD’s Head of Energy Europe, said: “We are excited to partner with R.Power and support its growth journey. Fast-growing renewable developers such as R.Power are an essential part of the energy transition and accelerating renewables in Poland and the region.

Why should we support R power?

Fast-growing renewable developers such as R.Power are an essential part of the energy transition and accelerating renewables in Poland and the region. We look forward to supporting the company in becoming one of the biggest regional renewable energy players.”

Who audited the strategy of R power?

The strategy of R.Power was audited by Sustainalytics, which provided its second opinion. R.Power © 2024. All rights reserved. Developing renewable energy sources, which contribute to protecting the environment and supporting economic recovery on all of our markets.

Why did EBRD invest in R power?

Elisabetta Falcetti, EBRD Regional Director for Poland and the Baltic States, said: “The EBRD’s investment in R.Power supports two of the EBRD’s strategic goals in Poland: to support the green transition of the Polish economy and to strengthen private companies, making them more resilient to market challenges.

Is R power a green bond issuer?

The company has a portfolio of limited-risk projects (built, under construction or secured grid connection) of more than 1.3 GWp. R.Power is also a green bond issuer, with bondholders including the EBRD, the Polish Development Fund (PFR) and Polish development bank Bank Gospodarstwa Krajowego (BGK).

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