Aberdeen Standard Investments completed the acquisition of solar power parks in Poland of Modus Group.

Investment firm Aberdeen Standard Investments completed the acquisition of solar power parks in Poland of Modus Group, a holding company in Vilnius, Lithuania. Financial terms were not disclosed. "Following our strategy to acquire and manage premium infrastructure assets in Europe, this will be our first investment in the Polish 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. Modus Group 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.