Sunly concludes acquisition of Polish solar developer Alseva

Renewable energy producer Sunly has finalized the acquisition of Alseva group, one of the largest Polish solar power developers and constructor companies. At the same time, the previous owners of Alseva group will acquire a shareholding in Sunly – company developing both solar and wind projects in the Baltics and Poland.  

Following the transaction, Alseva will continue running the business as usual, and all Alseva group’s employees and management will remain within the company. 

Alseva group offers one-stop-shop services for both medium- and large-scale solar parks in Poland, starting from land identification, permitting, designing and construction, to long-term operating and maintenance services. The company now also develops wind power in Poland. 

The transaction was continuously advised by EY, SK&S, TGS Baltic from Sunly’s side and by Rymarz Zdort and Bastion Group from Alseva’s side.