Rymarz Zdort advises the sellers from the ALSEVA Group on an investment agreement with SUNLY

Rymarz Zdort advised the sellers of the Alseva Group (“ALSEVA“) on the signing of an investment agreement with Sunly (“SUNLY“), an investment group from the Baltic states and Norway.

The scope of Rymarz Zdort’s services included the provision of legal and tax advisory services in connection with the transaction.

ALSEVA is a Kraków-based developer of large-scale photovoltaic projects and a general contractor of photovoltaic power plants. It also operates in the field of energy storage and assists entrepreneurs in securing favourable contracts for the sale of energy, i.e. PPAs.

SUNLY is an industry investor operating in the Baltic countries – Estonia, Latvia and Lithuania, which not only invests in photovoltaic installations, but also in wind farm projects. SUNLY owns a significant portfolio of offshore wind projects on the Estonian coast.

The transaction was handled by Paweł Zdort, the managing partner, and assisted by Aleksandra Kabać, senior associate, and supported by Sebastian Stępiński, associate.

The tax advisory was led by Leszek Tokarski, partner, and the team comprised senior associates Michał Chyła and Maciej Kostrzewski.