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DZP Advises Engie on Acquisition of Photovoltaics Portfolio from Columbus Energy

DZP Advises Engie on Acquisition of Photovoltaics Portfolio from Columbus Energy

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DZP has advised French energy group Engie company Engie Zielona Energia on the acquisition of five photovoltaic project companies from Columbus Energy in a transaction valued at over PLN 50 million. Gessel reportedly advised Columbus Energy.

Columbus Energy is a Poland-based company engaged in the renewable energy equipment and services industry.

The five photovoltaic farms have a total capacity of 12.97 megawatts and represent the third and final tranche in a larger transaction between the two companies.

According to DZP, “the transaction, which was finalized at the end of August, closes the preliminary conditional agreement for the purchase of 100% of shares in companies implementing PV farm projects with a total capacity of 102.5 megawatts, which the parties concluded in December 2022” (as reported by CEE Legal Matters on January 6, 2023).

The DZP team included Partner Marcin Krakowiak, Senior Associates Malgorzata Wezyk, Tomasz Kalicki, and Pawel Karasinski, and Associates Michal Pytkowski and Katarzyna Wojcik.

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