POLAND KGAL invests more in Polish green energy
Green projectsschedule 10 May 2023
Similar platform deals have been signed for KGAL ESPF 5 in Germany, Italy and Spain
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German asset manager KGAL Investment Management is to establish a joint venture to build four solar and wind parks with specialist Polish developer Lasuno for its KGAL ESPF 5 impact fund.
KGAL ESPF 5 will hold a majority stake in the joint venture, while Lasuno will be responsible for the development and management of the projects. Under the arrangement, four solar parks with a total capacity of more than 200 MW should be developed by the end of 2025. The project pipeline is expected to be expanded in subsequent years.
With KGAL we have found a financially strong partner that is already successfully driving similar joint ventures in the solar and wind sectors in several Europe
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