Actis Buys Polish Wind Farms from CVC DIF

Actis has finalized the acquisition of Klara Renewables, a 171 MW portfolio of six operational onshore wind farms situated in Poland. This strategic move by the sustainable infrastructure investor marks a significant expansion of its renewable energy footprint in Central Europe. The transaction sees CVC DIF Infrastructure VI, the infrastructure fund managed by CVC DIF, successfully exit its investment in the Polish wind assets.

The Klara Renewables portfolio, a consistent performer with approximately 99% technical availability, generates around 500 GWh of clean electricity annually. This output is secured by long-term, 15-year Contracts for Difference with the Polish government, providing a stable revenue stream and price certainty for a substantial portion of its energy generation. The wind farms utilize proven Vestas turbine technology, further enhancing their operational reliability.

CVC DIF Infrastructure VI originally acquired the six projects at the ready-to-build stage between 2020 and 2021. The fund then actively managed the entire development lifecycle, overseeing procurement, financing, and construction phases to bring the assets to full operational status. This full-cycle approach highlights CVC DIF's strategy of value creation through hands-on asset management, delivering a successful outcome for its investors.

This divestiture aligns with CVC DIF's ongoing commitment to returning capital to its limited partners. The firm's dedicated Divestments team played a crucial role in navigating the sale process, underscoring the integrated expertise within CVC DIF's investment and exit strategies. The deal represents a key step in realizing value from its infrastructure investments while contributing to Poland's renewable energy expansion goals.

The Polish renewable energy sector has seen considerable growth, driven by supportive government policies and increasing demand for clean power. Onshore wind capacity in the country has been steadily increasing, with recent reports indicating significant additions to the national grid. Deals like this underscore the attractiveness of operational renewable assets in the region for established global investors focused on the energy transition.

Actis, a prominent global investor with a substantial portfolio in sustainable infrastructure, continues to bolster its presence in the European renewables market. The acquisition of Klara Renewables is expected to complement its existing investments and further solidify its position as a key player in driving the global shift towards cleaner energy sources. The firm's deep sector expertise and capital commitment are vital in advancing such projects.