Greenvolt Group secures €218 million financing from UniCredit for two Polish battery energy storage projects.

Type: Financing · Technology: Storage · Country: Poland · Value: EUR 218M · Announced: 2026-08-27

Greenvolt Group has secured a €218 million financing package from UniCredit to support two battery energy storage projects in Poland, Ełk and Turośń. The financing includes €153 million in bridge facilities and a €65 million guarantee facility. These projects, located in northeastern Poland, will each provide 200 MW / 800 MWh of storage capacity, totaling 400 MW. The Turośń Kościelna project was inaugurated in July 2026, and the Ełk project is expected to reach commercial operation in the fourth quarter of 2026. This financing underscores UniCredit's commitment to funding critical green infrastructure and accelerating the green transition in Central and Eastern Europe.

Analysis

Greenvolt Group secured a €218 million financing package from UniCredit for two battery energy storage projects in Poland, each rated at 200 MW/800 MWh, for a combined 400 MW capacity. UniCredit, a pan‑European commercial bank, has a strong presence in Central and Eastern Europe and provides comprehensive financial services. Greenvolt Group operates renewable assets across multiple technologies and geographies, including biomass and utility‑scale generation. The financing comprises €153 million in bridge facilities and a €65 million guarantee facility, with the Turośń Kościelna project inaugurated in July 2026 and the Ełk project slated for commercial operation in Q4 2026.

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