NextEnergy Capital Ltd.’s NextPower V ESG (NPV ESG) has made its first acquisition in Poland, acquiring a solar PV portfolio with operating plants totaling 65.6MW. These plants benefit from CPI-linked contracted revenues for at least 15 years through Contracts for Difference (CfD) awarded in domestic renewable energy auctions. This acquisition further demonstrates NPV ESG’s momentum in capital deployment and follows a recent acquisition of a 100MW project in Florida. NPV ESG’s investment strategy targets the solar+ infrastructure sector in OECD markets, with goals of reaching a $2 billion hard cap and generating substantial clean energy outputs. The fund has secured $745 million in total commitments to date and has a pipeline of 18GW worth of projects in various countries. NPV ESG aims to build significant portfolios, create value with a hands-on approach, and eventually divest the portfolio before the end of the fund’s life in 2033.

Renewable Energy, Private Equity,Poland, United States, Canada

https://www.nextenergycapital.com/news/nextpower-v-esg-makes-cfd-acquisition/#more-5028