Aberdeen completes acquisition of 45.4 MW Polish solar portfolio from Modus Group

Aberdeen Standard Investments, through its managed fund, SL Capital Infrastructure II fund (“SLCI II”), has concluded the sales transaction for solar power parks in Poland. 

The portfolio consists of 49 solar power parks with a total power of 45.4 megawatts (MW). Construction of the solar power parks in Poland was completed during the first half of 2019. The projects were developed by Green Genius, a company owned by Modus Group. It is also responsible for technical solutions, construction, financing and operation of the projects. Highest-quality equipment and technological solutions, enabling the production of green energy for many years, are used in the projects.

On agreement between the parties, the value of the transaction is not disclosed.