Pacifico Renewables agrees to divest from Czech Republic
Pacifico Renewables Yield AG has signed agreements to dispose of its Czech portfolio comprising four solar photovoltaic parks with a total installed capacity of 7.5 MW.
The company disposed of its Czech solar park portfolio at an enterprise value of approximately EUR20 million (US$20.16 million). The proceeds from the disposal are intended to enable the acquisition of the first projects in the UK and potentially enter the battery storage market.
Country updates
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April 06, 2022
EIB to support modernization of Czech railways
The European Investment Bank (EIB) has signed the advisory agreement with the Czech Railways in order to extend its ongoing support for the modernization of Czech national railways and provide advisor...
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January 21, 2022
RFP launched for EU-Catalyst Partnership
Breakthrough Energy and European Investment Bank have launched a request for proposal (RFP) seeking interest from private companies to implement emerging climate technology projects across t...
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May 07, 2021
Financial close achieved for D4 Motorway PPP in Czech Republic
The consortium consisting of VINCI Highways and Meridiam (50/50) has completed the financing of the PPP contract for the D4 motorway linking Příbram (Central Bohemia) and Písek (South Bo...
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December 23, 2020
EIB finances Czech Power Transmission expansion
The European Investment Bank (EIB) signed a CZK 5 billion loan (US$ 229 million) with ČEPS, a.s., the state-owned Czech Transmission System Operator. This investment aims at strengthening the electric...
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December 18, 2020
EIB signs USD 229 million loan to improve electricity transmission network in Czech Republic
The European Investment Bank (EIB) signed a CZK 5 billion loan (USD229.13 million) with ČEPS, the state-owned Czech Transmission System Operator. This investment aims at strengthening the electricity...
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