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RPower BESS Bond

Sector: Warehouse • Location: Poland

Source: International Finance Corporation (IFC)

Project
Active

The proposed investment is an IFC’s own account subscription of up to EUR 30 million into a new EUR denominated tranche of a 5-year green bonds to be issued by R Power S.A in Poland as part of the established 1 billion PLN (ca. EUR 235 million) Green Bond Programme (“Project”). An additional subscription of up to EUR 20 million from a third-party co-investor is anticipated.The green bond’s proceed

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Project Information

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The project “RPower BESS Bond” is an infrastructure initiative in the Warehouse sector, located in Poland. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

Sponsoring Agency

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Company

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Status

Original status

active

Taiyo status

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Taiyo last update

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Contact

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Phone

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Email

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Address

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Description

Description

The proposed investment is an IFC’s own account subscription of up to EUR 30 million into a new EUR denominated tranche of a 5-year green bonds to be issued by R Power S.A in Poland as part of the established 1 billion PLN (ca. EUR 235 million) Green Bond Programme (“Project”). An additional subscription of up to EUR 20 million from a third-party co-investor is anticipated.The green bond’s proceeds are expected to be used to fund the construction of three Battery Energy Storage Systems (BESS) projects in Poland with a combined capacity of approximately 650 MW, making it one of the largest BESS portfolios in the country.

Original sub-sector

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Original Currency

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Original budget

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Procurement method

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Budget

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Location

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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