KGAL Gmbh and Micronix Group (Czechia) together acquire seven solar plants in Bulgaria (43 MWp in total) from Samsung (Korea) for an amount above 88.9 million $.
The solar plants are located close to Vratsa (2), Letnitsa (3) and Veselinovo (1). They represent 4.12 % of Bulgarian solar capacity and provide a turn-over of 12.8 million euro. A new operational entity will be created with a 60% share for KGAL Gmbh.
KGAL Gmbh is an investment company (Grünwald, Germany) with 335 employees (2016) and an investment portfolio of 22.7 billion euro , mainly in real estate, renewable energy and airplanes.
Source: businesskorea.co.kr January 18th 2019
Author: Jung Min-Hee
Google search terms: Micronix Group
Picture:jaidee/CCO Creative Commons/https://pixabay.com/nl/zonne-zonnepanelen-zonne-boerderij-2796471/