Spanish renewables investor Qualitas Energy has acquired nine operational solar photovoltaic (PV) plants in Poland with a combined capacity of 376MW-peak (MWp).
The portfolio was purchased from a joint venture (JV) involving Better Energy and Industriens Pension.
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Developed and built by Better Energy, all the assets became commercially operational between 2021 and 2024.
The nine solar installations generate more than 400GW-hours (GWh) of electricity annually, enough to supply power to around 210,000 homes.
The plants are spread throughout Poland and connected to the Tauron, Energa and Enea distribution system operators.
The portfolio uses a diverse revenue framework featuring long-term contracts for difference in Poland alongside power purchase agreements with industrial and investment-grade clients.
Qualitas Energy intends to integrate battery energy storage systems (BESS) with these assets in the coming months to improve grid stability and increase value.
Operating in Poland since 2020, the company is enhancing its presence by adding these projects to its existing operations including the 113MWp Miłkowice solar PV plant, the country’s third-largest, which is currently being hybridised with a BESS.
Qualitas Energy Germany and Poland partner Adrián Cabrejas said: “This acquisition marks a defining step in consolidating our presence in Poland, a market with strong fundamentals and long-term growth potential in renewable energy.
“The scale and complexity of the transaction further highlight our ability to originate, underwrite and structure high-quality deals in challenging environments.”
Additonally, two solar projects totalling 117MWp are currently under construction and are expected to come online in late 2026.
With these assets, Qualitas Energy’s solar PV portfolio in Poland now exceeds 600MWp, including both operational and in-construction capacity.
The acquisition is also a major milestone for the company, representing the first investment made through its new fund, Qualitas Energy Fund VI, which was launched in late 2025.
Qualitas Energy managing partner and CEO Oscar Pérez said: “This investment underscores our ability to deploy capital efficiently while progressing the fundraising of Qualitas Energy Fund VI.
“We are particularly excited to activate this flagship fund, which marks the beginning of a strong pipeline of opportunities we have lined up.”
Advisors to Qualitas Energy included Accura and CMS Poland for legal counsel, Barlovento Applus+ for technical guidance, and Deloitte Poland for financial and tax advice.
In January 2025, Qualitas Energy acquired a 250MW wind energy portfolio in Germany.
