Sunly completed the acquisition of Alseva Group.

Sunly, an operator of a renewable energy company, completed the acquisition of Alseva Group, a Polish solar power developer. Financial terms were not disclosed. “We started mainly with 1 MW solar projects but in 2020 our first 60 MW large-scale solar project won at the Polish renewable energy auction. Our aim is to increase our market share from 4% to 10% by 2030 and become one of the leading players in Poland. Therefore, we have decided to take our existing cooperation with Sunly to a new level by joining the companies under common ownership,” Anna Zagrajek, Alseva CEO.