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KSB Advises KGAL Investment Group on Acquisition of Saxonie Solar Project

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Kocian Solc Balastik has advised KGAL Investment Group on its acquisition the 50-megawatt Saxonie solar power plant project from Sev.en and Micronix Group. Sole practitioner Petr Vorisek advised the sellers.

KGAL's investment group has focused on real estate, sustainable infrastructure, and aviation since 1968. It manages investments of approximately EUR 16 billion.

According to KSB, "the development of Saxonie will launch soon near the town of Most, close to the German border. The project, which is one of the largest of its kind in the Czech Republic, will contribute significantly to increasing the share of green power plants in the Czech Republic's energy mix. The electricity generated in the PVPP will be sold primarily under long-term power purchase agreements."

The KSB team included Managing Partner Martin Krejci, Partner Tomas Sequens, Attorney at Law Jana Guricova, and Lawyers Josef Kriz, Richard Hamran, and Tomas Zach.

Kocian Solc Balastik at a Glance

Kocian Solc Balastik (KSB) is one of the few Czech law firms who have been on the market for over 30 years and is still independent. With a team of almost seventy legal and tax specialists operating in Prague, Karlovy Vary and Ostrava, KSB is one of the largest law firms in the Czech Republic.

Thanks to the ratings of clients and our competitors, we are a highly respected and acknowledged law firm, as evidenced by a number of prestigious awards, especially the four-time Chambers Europe Award for Excellence for the best law firm in the Czech Republic, often we have been the only purely Czech law firm among the nominees.

Our priority is to provide added value to clients. Therefore, we know the specifics of their business and adapt the proposed solutions to the client’s context, with great emphasis on professional ethics and building long-term relationships based on mutual trust and respect.

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