Energy Infrastructure Partners AG and ContourGlobal have successfully sold Slovakia's largest operational solar portfolio, comprising 32 photovoltaic power plants, to Enery, supporting the country's transition to renewable energy.

Information on the Target

The target of this transaction is Slovakia's largest operational solar portfolio, which consists of 32 photovoltaic power plants strategically located across the country, amounting to a total capacity of 34.6 megawatts. Operated under the management of Energy Infrastructure Partners AG (EIP) and ContourGlobal, these assets showcase the potential for substantial renewable energy generation in Slovakia, supporting the nation's shift towards sustainable energy practices.

During the holding period, which saw EIP owning 49% and ContourGlobal 51%, the partnership focused on enhancing the portfolio's value through strategic adaptations to evolving government regulations. This included navigating changes to feed-in tariffs and grid-access fees, alongside pursuing operational excellence at all sites, further solidifying the importance of this portfolio in Slovakia's renewable energy landscape.

Industry Overview in Slovakia

Slovakia's renewable energy sector has experienced significant growth in recent years, driven largely by government initiatives aimed at promoting sustainable energy generation. The Slovak government has implemen