Qualitas Energy, an investment firm specializing in renewable energy, energy transition, and sustainable infrastructure, has secured approximately €53 million (~$61 million) to finance the construction of a 117 MW solar portfolio in Poland.

The greenfield portfolio comprises two solar projects owned by Qualitas Energy. The projects are located near Słoniawy in the Masovian Voivodeship and Końskie in the Świętokrzyskie Voivodeship.

The projects are expected to begin commercial operations in 2027.

CaixaBank and Bank Millennium arranged the financing on a non-recourse basis. The package includes a term loan, customary ancillary facilities, and an interest rate swap.

Addleshaw Goddard provided legal advice to Qualitas Energy, while Barlovento Applus+ served as technical adviser. CMS acted as legal counsel to CaixaBank and Bank Millennium.

The portfolio will receive revenue support under Poland’s contracts for difference scheme. Qualitas Energy said the contracts would provide long-term revenue visibility during the financing period.

Adrián Cabrejas, Partner, Germany & Poland at Qualitas Energy, said, “This financing supports Qualitas Energy’s strategy across the renewable energy value chain, with a focus on investing in and developing high-quality wind and solar PV assets, among other technologies. Poland offers significant long-term potential, and we remain focused on supporting projects that contribute to the country’s energy transition.”

In Poland, Qualitas Energy currently manages a solar PV portfolio exceeding 600 MW of capacity, either operational or under construction, complemented by a greenfield wind development pipeline of more than 1.2 GW.

In June, the company acquired a development-stage solar project in Illinois, U.S., with a planned capacity of 164 MW from Bechtel Enterprises. The transaction was carried out through Qualitas Energy Fund VI, which was launched at the end of 2025.  Norton Rose Fulbright advised Qualitas Energy on legal matters.

According to Mercom’s Q1 2026 Solar Funding and M&A report, approximately 18.4 GW of solar projects were acquired in the first quarter of 2026, compared to 13.6 GW in Q1 2025.