Envolve Capital is pleased to announce that its Clean Energy Infrastructure Fund has secured PLN 54.9 million (c. EUR 12.9m) in project financing from Alior Bank S.A. to support the construction and long-term operation of three solar photovoltaic projects in Poland, with a total installed capacity of 32.75 MW.
The financing has been granted to two portfolio companies of the Clean Energy Infrastructure Fund, a closed-end investment fund for informed investors managed by Envolve Capital. The funds will be used to complete the development of nearly 33 MW of new solar capacity, further strengthening the Fund’s renewable energy portfolio and contributing to Poland’s energy transition.
The projects were acquired by the Fund earlier in 2025 and are currently in advanced stages of construction. All three solar parks are expected to achieve commissioning in the first half of 2026.
“We are excited to cooperate with Alior Bank on this financing package. This transaction underscores our commitment to building a robust portfolio of renewable energy assets and accelerating the energy transition in Poland. We are convinced that this financing will enable the timely completion of the projects and look forward to continuing our cooperation with Alior Bank,” said Povilas Pečiulis, CEO of Envolve Capital.
Alior Bank S.A. is one of Poland’s leading universal banks, listed on the Warsaw Stock Exchange since 2012. The bank provides a comprehensive range of services to retail, SME and corporate clients. Alior Bank has established a recognized position in financing Polish companies and sectors of strategic importance to the economy, including energy and infrastructure. As of mid-2025, the bank reports consolidated total assets of roughly PLN 99.5 billion, reflecting ongoing growth.
Clean Energy Infrastructure Fund is the fourth renewable energy investment fund for informed investors launched in 2023 by Envolve Capital. Fund size is EUR 87m. Fund invests in the Baltic States and Poland, has the highest sustainability rating of SFDR Article 9 (Dark Green) financial products, and is focused on long-term investments. Fund focuses on solar PV, onshore wind and battery energy storage systems.
