Natland Group has acquired 100% of Sunset Terrace, enhancing its renewable energy portfolio with the 5 MW Mastířovice photovoltaic power plant.

Target Company Overview

Investiční skupina Natland has strengthened its position in the energy sector, specifically in the field of renewable resources, by acquiring 100% ownership of Sunset Terrace. Sunset Terrace operates the Mastířovice photovoltaic power plant located in the Litoměřice district, with a total capacity of 5 MW. This acquisition highlights Natland's commitment to expanding its renewable energy portfolio.

Since its inception in 2007, Natland has been actively involved in the energy sector. The company’s founder, Tomáš Raška, stated, "We build upon the knowledge and expertise we gained as the founders of the Energy21 project, which evolved into a leader in renewable energy production, operating 33 solar power plants with a total capacity of 62 MW at its peak." Energy21 was later acquired by a prominent European institutional fund, Mid Europa Partners.

Industry Overview in the Czech Republic

The energy sector in the Czech Republic is undergoing a significant transformation as demand for clean energy sources rises. This shift is accompanied by advancements in technologies related to energy production, storage,