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14/10/2024
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Significant acquisition by Pražská energetika signed with JŠK's assistance

We advised PRE Group on its acquisition of 100% stake in solar power plant supplier SolidSun.

Both parties have already signed a share purchase and sale agreement. Organisationally, SolidSun will be a subsidiary of PREenergo, which offers a wide range of energy services for households, companies and public administration. PREenergo, a PRE Group company, has also agreed with SolidSun's managers that the company's top management will remain in their positions. The transaction settlement is subject to the approval of the Office for the Protection of Competition and is expected by the end of 2024.

JŠK's legal team was led by partner Tomáš Doležil, with significant support from managing associate Daniel Pospíšil in an executive role, senior associate Vladěna Svobodová, who was responsible for competition matters, and junior lawyer Filip Vraspír.

"The acquisition of SolidSun represents a significant milestone for us in our nationwide operations in rooftop photovoltaics installation," said Eva Polanská, head of strategy and acquisitions, who managed the project. "I would like to thank JŠK for their guidance throughout the acquisition process, which we navigated successfully thanks to the expertise and commitment of the JŠK team."

"PRE is one of our long-standing corporate clients," said Tomáš Doležil. "We are always thrilled when we are trusted to assist in such important projects."

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