SUNfarming reaches financial close on project financing from PKO Bank Polski for 40 MWp solar PV in Poland
SUNfarming, a German IPP, has secured a senior term loan facility in an amount of PLN 118 million to refinance a portfolio of solar PV projects with a combined capacity of 40 MWp located in various regions of Poland. The project's revenues are hedged through a 15-year Contract for Difference (CfD). The financing package was provided by PKO Bank Polski. Capcora, a German consulting company, acted as the exclusive financial advisor to SUNfarming.