Greenvolt agrees to sell two Polish battery storage projects to A&R Investments for up to €391.5 million

Bitget2026/10/22 16:37

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Greenvolt’s subsidiary Greenvolt Power agreed to sell two Polish battery storage projects to Malta-based A&R Investments for up to €391.5 million.
The price comprises €311.5 million upfront and up to €80 million contingent on the timing of authorization for grid-balancing services.
The fully built Ełk and Turośń Kościelna projects have combined power capacity of 400 MW and storage capacity of 1.6 GWh.
Both projects have 17-year capacity market contracts starting in 2028, with Statkraft contracted to manage the batteries and trade their flexibility.
Completion is expected by the end of 2026, subject to customary conditions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Greenvolt Energias Renovaveis SA published the original content used to generate this news brief on October 22, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Greenvolt agrees to sell two Polish battery storage projects to A&R Investments for up to €391.5 million

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