Energy 21 Receives Private Equity Investment from Mid Europa Partners

Energy 21, a.s., the largest Czech-based independent developer and operator of solar power (photovoltaic) parks in Central and Eastern Europe (CEE), has received a strategic investment from Mid Europa Partners, a private equity firm focused on buyouts in the CEE region.
The equity injection will support the company’s growth strategy in CEE, where the company has an installed generation capacity of 26 megawatts and a further 75 megawatts in development.
Mid Europa is also in advanced discussions with a group of banks for a project finance facility.
The transaction is subject to customary closing conditions, including competition clearance.
FinSMEs
13/05/2010

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