Columbus Energy to Sell 28.1 MW Solar Projects

May 13, 2024 01:54 PM ET
  • Columbus Energy SA sells 28.1 MW solar projects to Nyx Renewable Energy, boosting asset value and expanding GoldenPeaks Capital Group's portfolio in Poland.

Polish PV installer Columbus Energy SA has agreed to sell a 28.1 MW portfolio of shovel-ready solar projects in Poland to Nyx Renewable Energy Sp zoo, a unit of GoldenPeaks Capital Group. The projects, consisting of 30 schemes with grid-connection agreements in place, will be divested in multiple tranches with undisclosed financial terms. Columbus Energy aims to increase the value of its assets through this sale, according to president Dawid Zielinski.

GoldenPeaks Capital Group, a major player in the solar park construction and operation sector in Poland and Hungary, continues to expand its portfolio with this acquisition. Earlier this year, the company also acquired 69 MWp of solar projects in Poland from R.Power SA Group. The sale of the 28.1 MW PV parks marks another significant move in the renewable energy sector in Poland.

What is the impact of Columbus Energy's sale of 28.1 MW solar projects in Poland?

  • The sale of 28.1 MW solar projects in Poland by Columbus Energy to Nyx Renewable Energy Sp zoo, a unit of GoldenPeaks Capital Group, will contribute to the expansion of the latter's portfolio in the solar park construction and operation sector in Poland and Hungary.
  • Columbus Energy aims to increase the value of its assets through this sale, indicating a strategic decision to focus on other projects or areas within the renewable energy sector.
  • The divestment of the 30 shovel-ready solar projects with grid-connection agreements in place signifies a significant move in the renewable energy sector in Poland, highlighting the growing interest and investment in solar energy projects in the country.
  • The financial terms of the sale have not been disclosed, but it is expected to have a positive impact on both companies involved, allowing Columbus Energy to reallocate resources and GoldenPeaks Capital Group to further strengthen its position in the market.
  • This acquisition adds to GoldenPeaks Capital Group's existing 69 MWp of solar projects in Poland, demonstrating the company's commitment to expanding its renewable energy portfolio and contributing to the country's transition towards a more sustainable energy future.

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