Press release
07 Jul 2023 

EY advised Greenvolt Power on the divestment of an onshore wind and solar portfolio in Poland

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EY Corporate Finance acted as the transaction advisor to Greenvolt Power, a leading global renewables company, on the sale of a onshore wind and solar PV portfolio in Poland to Energa Wytwarzanie.

Greenvolt Power, a leading global renewables company providing green power through multiple technologies such as biomass, wind, PV and energy storage, signed an agreement with Energa Wytwarzanie to sell a portfolio consisting of an onshore wind farm and solar PV farms in Poland.

The transaction included the Sompolno and Opalenica Portfolios, which consisted of a mix of 58.6 MW of onshore wind and solar capacity.

The buyer, Energa Wytwarzanie, is part of Energa Group, which is one of the four largest energy companies in Poland and one of the three largest electricity suppliers in Poland. The dominant shareholder of Energa Group is PKN Orlen SA, which is one of the largest multi-utility companies operating in the CEE region.

EY provided comprehensive integrated advisory services on the transaction, including M&A, debt advisory, PPA / energy market advisory, tax advice and financial reporting.
 

Members of the EY teams that have advised on the transaction process:

M&A Advisory: Sebastian Jasinowski, Kinga Charpentier, Piotr Dembiński, Dawid Rykowski, Valtteri Laakso

Valuation & Modelling Advisory: Marcin Drozdowski, Michał Kazań, Krzysztof Jednacz

Debt Advisory: Ewa Mochocka, Joanna Truszkowska, Michał Jadczyszyn

PPA / Energy Market Advisory: Maciej Markiewicz, Katarzyna Łabinowicz, Agnieszka Zyga

Tax Advisory: Paulina Kicińska, Tomasz Czerniawski

Financial Accounting Advisory Services: Anna I Zaremba, Małgorzata Strzelecka, Klaudia Zalewska
 

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