Erste Group, Siemens Financial Services provide PLN 270 million club loan for R.Power Poland battery storage project

  • Erste Group Bank provided a PLN 270 million project finance facility for R.Power’s 150 MW/300 MWh Jedwabno battery storage project in Poland.
  • Siemens Financial Services joined the financing via a club deal, marking Poland’s largest completed utility-scale BESS project finance transaction.
  • The financing structure is underpinned by a 17-year capacity market contract, supported by a long-term optimisation agreement.
  • Construction is underway, with completion targeted for end-2026.


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