Slaughter and May is advising the Three Seas Initiative Investment Fund S.A. SICAV-RAIF (3SIIF) on its investment alongside the European Bank for Reconstruction and Development (EBRD) into R.Power S.A. (R.Power). This follows 3SIIF’s initial investment in R.Power in March 2023.
R.Power is a vertically integrated renewable energy developer and independent power producer based in Poland. The capital is provided by 3SIIF and EBRD to support R.Power’s long-term growth strategy, including its plan to achieve a 1GWp operating solar photovoltaic portfolio across the EU within the next two years, achieving significant greenhouse gas emissions savings. EBRD’s investment remains subject to obtaining regulatory approvals.
Amber Infrastructure Group is the exclusive investment adviser to 3SIIF, responsible for origination, asset management and capital raising services.