KŠB Advises Verdi Capital on Acquisition of Solar Power Plants

July, 2013 - Czech Republic, Czech Republic

Kocian Solc Balastik advised Verdi Capital, a hedge fund, on the acquisition of three Czech solar parks with an overall installed output of 10.8 MWp. Two of the solar parks (which represent almost half of the total installed output) are roof-top installations. The seller was the Enfinity Group, a leading Belgian solar park developer.

In addition to advice on the acquisition, KŠB provided legal services in the negotiations with financing banks. KŠB’s transaction team was headed by managing partner Dagmar Dubecka and the team included Pavel Nosek, Sasha Stepanova, Jaroslav Mikovec, Tomas Sequens and Dana Cihakova. The transaction had a total value of hundreds of millions of Czech Crowns.

The transaction was closed at the beginning June.

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