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Figene Capital has engaged DC Advisory, an international investment bank, to identify a strategic investor for the Polish renewable energy sources (RES) company. Figene Group’s long-term strategic goal is the development of a 700MW RES project portfolio.
The holding company’s 2022-24 strategy calls for dynamic growth through acquisitions of new wind power installations and the launch of large-scale PV power projects. The company intends to generate revenue from the sale of energy and power purchase agreements (PPAs). In order to accomplish these goals, the Figene Capital holding company has decided to seek a financial or strategic investor. Established international investment bank, DC Advisory, will assist it in identifying potential partners. The financial resources obtained from the investor will be used to finance the construction of the company’s ready-to-build (RTB) projects and the continued growth of its wind farm and PV project portfolio.
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