Schoenherr has advised Polish renewable energy solution provider Sunex on the accelerated bookbuilding process and sale of 2 million shares – 9.86% of the company's share capital – by its shareholder.
According to the firm, the sale's proceeds are earmarked "for acquisitions within the German market and the expansion of production infrastructure in Raciborz [...] The decision to focus on the German market for acquisitions aligns with Sunex's strategic vision of providing renewable energy solutions."
Headquartered in Raciborz, Poland, Sunex is a manufacturer of renewable energy-based solutions. The company's portfolio includes heat pumps, solar collectors, assembly systems, connection systems, storage tanks, and pumping stations. Sunex has been listed on the Warsaw Stock Exchange since 2015.
The Schoenherr team was led by Partner Szymon Okon.