JSC Atsinaujinančios Energetikos Investicijos sells 66 MW solar PV portfolio in Poland

JSC Atsinaujinančios Energetikos Investicijos, a closed-end investment company managed by Lords LB Asset Management and focused on renewable energy, has successfully divested its 66 MW solar photovoltaic (PV) portfolio in Poland. The full ownership of Energy Solar Projekty Sp. z o.o. has been acquired by a UK-based investment management firm specializing in renewable energy infrastructure. The portfolio, comprising solar farms operational since 2020, marks a significant milestone for the company.

“We are delighted with this deal, as it marks the first divestment from the JSC Atsinaujinančios Energetikos Investicijos portfolio,” said Grėtė Bukauskaitė, Manager of JSC Atsinaujinančios Energetikos Investicijos. “This transaction highlights the potential of the Polish renewable energy market and completes a full investment cycle—from acquisition and construction to successful divestment.”

The solar PV portfolio was initially acquired in 2018 and fully constructed and energized by 2020. The projects operate under Poland’s Contract for Difference (CfD) scheme and were financed through a consortium led by the European Investment Bank (EIB) and Bank Polska Kasa Opieki S.A. (PEKAO Bank).

While the sale represents the first successful divestment from its portfolio, JSC Atsinaujinančios Energetikos Investicijos remains committed to the Polish renewable energy market. The company retains an existing portfolio of 190 MW of solar PV projects in Poland.

Beyond Poland, the company continues to strengthen its position in the Baltic region, where it owns and operates three wind farms in Lithuania with a total installed capacity of 186 MW. The company is also actively developing a significant renewable energy pipeline across Lithuania and Latvia, underscoring its strategic focus on expanding its renewable energy footprint.

This transaction highlights both the growing investor appetite for renewable infrastructure in Poland and the company’s ability to deliver on its long-term investment and development strategy.