Energy Country Review: Complimentary 7-day trial

  • News-alert sign up
  • Contact us

Greenvolt Group Completes Sale of Wind Farm in Poland

23/04/2025

 

  • Greenvolt Group, through Greenvolt Power, has completed the sale of an 83.2 MW wind project located in the municipality of Pelplin, in Central-North Poland, to Enea Nowa Energia.
  • Valued at €174.4 million, the transaction covers a fully operational wind farm composed of 16 turbines, each with a capacity of 5.2 MW.
  • This significant agreement in Poland’s renewable energy sector brings together Greenvolt Power, a leading developer of utility-scale projects in the country, and Enea Nowa Energia, a subsidiary of one of Poland's largest electricity suppliers.
  • The sale of the Pelplin Wind Farm, alongside the recently concluded transaction of the Sompolno hybrid project, announced earlier this April, has resulted in a cash-in of nearly €250 million for the Greenvolt Group.

Greenvolt Power, a leading developer of large-scale wind, photovoltaic, and energy storage projects and part of the Greenvolt Group, has finalized the sale of the Pelplin Wind Farm. The buyer, Enea Nowa Energia Sp. z o.o., is part of the Enea Group, one of Poland's largest electricity suppliers. The transaction, valued at €174.4 million, has been successfully completed.

Located in the Pelplin municipality in north-central Poland, the project has secured all necessary permits and is fully operational, comprising 16 Siemens Gamesa SG145 turbines of 5.2 MW each, for a total installed capacity of 83.2 MW.

Enea Group operates across the entire electricity value chain, from fuel supply and energy generation to distribution, sales, and customer service. The acquisition is aligned with the Group’s strategic focus on accelerating the development of renewable energy sources.

“The Pelplin Wind Farm project is a clear demonstration of our ability to develop utility-scale assets that are attractive and valued by the market. The acquisition by Enea Nowa Energia confirms this and aligns with our strategy of selling a significant part of our portfolio at RtB or COD, depending on where the most value can be created” – said João Manso Neto, CEO of the Greenvolt Group.

The sale of the Pelplin Wind Farm, alongside the recently concluded transaction of the Sompolno hybrid project announced earlier this April, resulted in a cash-in of nearly €250 million for the Greenvolt Group, reflecting the successful implementation of its strategy to develop and monetize high-quality renewable energy assets and reinforcing its role in the energy transition.

“We perceive the energy transition as an opportunity not only for the development of the Enea Group but also for increasing Poland's energy security and improving the quality of life for current and future generations. Our development strategy until 2035 is a response to the dynamically changing market and social environment. We focus on green energy, innovations, and modern technologies that will allow us to become a more flexible and modern energy group. Investments in wind farms, such as the one in Pelplin, are a concrete step towards achieving our goals – increasing the installed capacity in renewable energy sources, diversifying the energy mix, and creating value for our customers, shareholders, and society as a whole” said Grzegorz Kinelski, President of the Enea.

To achieve its strategic goals by 2035, the Enea Group will allocate nearly PLN 107.5 billion, the majority of which will be invested in the development of renewable energy sources, energy storage systems, and the modernization of distribution networks.

“The acquisition of the wind farm in Pelplin is a strategic step in realizing our development vision. This investment is fully aligned with our commitment to the development of sustainable, green energy sources, which are the foundation of our long-term strategy. The wind farm, purchased from Greenvolt Power, is a valuable addition to our renewable energy portfolio, supporting the development of the renewable energy sector in Poland and strengthening Enea's role in the transformation of the national energy market” said Bartosz Krysta, Management Board Member for Commercial Matters, Enea.

A Strategic Investment of Regional Significance

Construction of the Pelplin Wind Farm officially began in June 2023. The investment was completed on schedule in December 2024. The facility holds a key position in the context of renewable energy installations due to its connection to a crucial grid node (the PSE Pelplin Main Supply Point – 400/110 kV "Pelplin"), which is one of the most important electricity sources in the northern part of the country.

The wind farm is equipped with Siemens Gamesa SG145 turbines, among the most advanced on the market, each with a capacity of 5.2 MW and recognised for their efficiency and high performance in large-scale projects.

Located in northern Poland, an area known for its favourable wind conditions, the project makes a significant contribution to the country's energy transition and enhances the resilience of the power grid, helping to reduce the risk of energy shortages.

“The entire implementation process of the Pelplin project proves our expertise and ability to execute and deliver, reinforcing our strong position in the Polish market as a leading player in renewable energy development. Pelplin stands as a clear example of an investment conceived from the outset to ensure maximum efficiency and the highest standards” – added Radek Nowak, CEO of Greenvolt Power.

In the Utility-Scale segment, Greenvolt Group holds a 13.0 GW portfolio across 18 countries, with a strategy to sell 70–80% of these projects at RtB or COD. In Poland, the Group’s portfolio includes 815 MW of wind, 1,878 MW of solar, and 2,712 MW of energy storage, positioning it as one of the leading developers in the European renewable energy sector.

In addition to its longstanding presence in Poland, with nearly 18 years through what is now Greenvolt Power, the Group also launched Greenvolt Next Polska last year to drive decentralized renewable energy solutions for self-consumption, energy efficiency, solar storage, and electric mobility in the B2B market.

Tags:
< Previous Next >