RP Global, one of Poland's leading players in the renewable energy sector, and Marguerite, a pan-European investor and our co-shareholder of 49.99% have finalized the sale of two wind farms totaling 103 MW to ENGIE Zielona Energia. The agreement was signed on 28 July 2023, and the transaction was successfully completed following approval from Poland's Office of Competition and Consumer Protection.
The wind farms are located in Northern Poland in Tychowo and Kukinia. The Tychowo wind farm consists of 20 Nordex N90 turbines and was built in 2009. The Kukinia wind farm has 23 Enercon E-82 turbines and was built in 2013.
Both projects have been successfully operating for years, and this transaction underpins the value created by RP Global's development, construction and O&M teams. This sale is part of RP Global's evolving strategy to finance new projects to build an increasingly diversified renewable energy asset portfolio across Poland and beyond.
Looking ahead, Poland remains one of RP Global's core markets, with a pipeline of >2.700 MW of wind and PV projects in different stages of development.
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