Aberdeen Standard Investments completed the acquisition of a 122MW portfolio of ground mounted solar photovoltaic farms from R.Power.

Investment company Aberdeen Standard Investments completed the acquisition of a 122MW portfolio of ground mounted solar photovoltaic farms from R.Power, a renewable energy company. Financial terms were not disclosed. "Following our strategy to acquire and manage premium infrastructure assets in Europe, this will be our third investment in the Polish renewable infrastructure market. We are thrilled for the opportunity to play an active role in the growth of renewable energy in Poland, in particular the solar PV sector, which is underpinned by a supportive regulatory framework. R.Power and Aberdeen Standard Investments have worked together to conclude a transaction that benefits all parties and look forward to expanding our cooperation in the future," Dominic Helmsley, Aberdeen Standard Investments Head of Economic Infrastructure.