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Announced

Enea Group completed the acquisition of Genowefa Photovoltaic Farm from Kajima Europe and Griffin Capital Partners.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

Private

Domestic

Single Bidder

Completed

Poland

Renewable Energy Equipment

Acquisition

Friendly

solar farms

Synopsis

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Enea Group, an energy company, completed the acquisition of Genowefa Photovoltaic Farm, a solar farm, from energy investors Kajima Europe and Griffin Capital Partners. Financial terms were not disclosed. “Genowefa is a great example of Kajima's commitment to delivering vital clean energy for Poland. The sale of this PV farm to Enea Group shows the ongoing transformation of the Polish energy sector and the growing demand for renewable energy sources. Together with PAD-RES and Griffin Capital Partners, we plan to deliver more assets and strengthen our market position in Poland," Chris Gill, Kajima Investments Director & Head of Renewables.

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