RPower has secured €30m in green bond financing from the International Finance Corporation (IFC) to develop some of Poland’s first large-scale energy storage projects.
The deal marks the company’s first euro-denominated issuance under its ongoing PLN1bn green bond programme, with PLN610.7m already placed.
“This is a significant step forward for us – both in terms of project scale and investor profile,” said Tomasz Sęk, vice president at R.Power.
“The fact that IFC chose to support R.Power is not only a vote of confidence in our strategy, but also a signal that Poland’s energy storage market is maturing.”
The IFC, part of the World Bank Group, said the investment would help demonstrate the viability of standalone battery storage in Poland.
“This investment will help accelerate Poland’s clean energy transition… and catalyse private investment in innovative solutions that strengthen energy security and grid flexibility,” said Ary Naïm, IFC country manager for Poland.
The funds will support infrastructure key to stabilising the grid and enabling further renewable integration.
IFC said its strategy in Poland focuses on selective, high-impact investments aligned with long-term sustainable growth.