IBC Solar divests 120 MW of Polish solar projects
Date
October 17, 2022
Type
M&A Transactions
Subtype
Transaction agreement announced
Countries
Poland
Subsectors
Photovoltaic
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Afcon Renewable Energy has agreed to acquire the rights to two solar photovoltaic (PV) projects in Poland with a combined capacity of 120 MW from IBC Solar AG.
The two projects in western Poland are at an advanced stage of development. Afcon Renewable Energy will develop the projects to the ready-to-build stage with the assistance of local entrepreneurs.
