Following our recent debt financing announcement, we are thrilled to share another major milestone – the successful PPA closing for our asset management client, PVE Group!
The Power Purchase Agreement with Respect Energy secures a fixed-price offtake for PVE’s 57 MWp solar portfolio, currently under construction. The PPA has been concluded for a term of over 10 years, extending through to the end of 2035. It is a key milestone for PVE as an IPP with a 10 GW development pipeline of PV, wind and storage projects.
Ergy was proud to serve as the lead commercial and financial advisor to PVE for this transaction. Our team managed the origination, negotiation, and execution of the deal, while also coordinating with senior financing provided by Bank Pekao S.A.
Huge congratulations to both PVE Group and Respect Energy for reaching this landmark achievement! We are grateful for the trust placed in us throughout this process. Onward to a greener future!
