WBS Power Secures $12.31 Million Secured Bond Financing from CVI for Solar-BESS Hybrid Projects in Poland

WBS Power S.A. has obtained USD 12.31 million in secured bond financing from funds co-managed by CVI Dom Maklerski, the Warsaw-based investment firm announced.

The capital will back two hybrid energy projects consisting of photovoltaic installations with a combined capacity of 29 MWp and a battery energy storage system rated at 10 MW / 45 MWh.

What the Funds Will Cover

According to the announcement, the proceeds will allow WBS Power to finance the remaining capital expenditures needed for the construction of the projects while also refinancing a portion of the company's existing debt.

The arrangement positions the company to complete construction and bring the installations into operation.

EU Backing via InvestEU

The transaction benefits from European Union support under the InvestEU Fund, as stated in the announcement by the investment firm.

Private Debt in Energy Development

CVI characterized the deal as another example of how private debt can effectively support the development of energy projects, providing capital during the construction phase and enabling investors to bring projects into operation efficiently.

People Behind the Deal

The transaction was executed by a CVI team comprising Olaf Hofses, Adrianna Lipiec, Michał Kocon, and Mateusz Stryczek.

On the WBS Power side, the firm extended congratulations to the company's team, particularly Maciej Marcjanik and Hubert Bojdo, along with Paweł Mazur, who led the process on behalf of the company. CVI thanked all parties involved for their collaboration in bringing the transaction to a successful close.