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BPV Braun Partners Advises Prazska Energetika on Acquisition of Solarinvest-Green Energy

BPV Braun Partners Advises Prazska Energetika on Acquisition of Solarinvest-Green Energy

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BPV Braun Partners has assisted PREmereni, a subsidiary of Prazske Energetika, on the purchase of family-owned Solarinvest-Green Energy.

The acquisition was planned in relation to a recent amendment to the Czech Republic's Energy Act, making it easier and more advantageous for customers to build photovoltaic power plants. The contract was signed on May 3, 2018.

Solarinvest, founded in 2008, installs roof-based solar power plants, heat pumps, and air conditioning systems, as well as providing public and industrial LED lighting and other technologies. 

According to bpv Braun Partners, "Solarinvest also remains active in development and, as part of the industry, tries to play a role in improving the legislative framework for developing renewable resources in the Czech Republic."

PREmereni is a subsidiary of Prazske Energetika. The concern’s basic activities include electricity and gas trading and sales throughout the Czech Republic, as well as electricity distribution, generation, and supplementary energy services.

According to bpv Braun Partners, “PREmereni is offering a new comprehensive service in installing and servicing photovoltaic power plants, expanding into this new area by drawing on the experience of companies that specialize in photovoltaics. It now has access to the family-owned Solarinvest-Green Energy, s.r.o., which has more than ten years of experience specializing in rooftop photovoltaic systems.”

The bpv Braun Partners team was led by Partner Marc Muller, supported by team members Senior Associate Michal Fogel and Managing Associate Lucie Kalasova. 

 

Czech Republic Knowledge Partner

HAVEL & PARTNERS, attorneys-at-law, with offices in Prague, Brno, Bratislava, Pilsen, Olomouc, and Ostrava, has a team of 220 lawyers, tax advisors and 500 employees in total, is the largest independent law firm in Central Europe.

Our clients include large international companies, leading Czech and Slovak firms, including strategic state-owned companies and public sector authorities, as well as medium-size businesses, individual entrepreneurs, and investors. We advise approximately 100 of the Fortune 500 companies, and almost 50 of the Czech Top 100 companies. HAVEL & PARTNERS currently provides its services to a total of 2,000 clients. We have the most comprehensive international support available to both Czech and Slovak law firms. We provide legal and tax advice in 12 world languages in more than 90 countries around the globe. Up to 70 % of the transactions we deal with involve an international aspect.

HAVEL & PARTNERS was named the best law firm operating in the Czech Republic by the prestigious British rating agencies Chambers and Partners (2020) and Who’s Who Legal (2018, 2019). It is also the most successful law firm, providing the most comprehensive legal services in the Czech Republic and Slovakia, based on the total number of all nominations and awards in all years of the Law Firm of the Year awards. The firm became the absolute winner of this competition four times in the last six years, receiving the main award Domestic Law Firm of the Year in the Czech Republic (2015, 2017, 2018, 2020) and ranking as one of the most recommended law firms in all categories of law. Our company is also a three-time winner of the Law Firm of the Year award for Best Client Services (2015, 2016, 2019). In the field of M&A, HAVEL & PARTNERS is the best law firm in the Czech Republic based on the annual International Advisory Experts awards (2018, 2019). In Slovakia, it also won the prestigious global M&A Today Awards (2013–2018) for Mergers & Acquisitions six times in a row, and repeatedly won first place in the ranking by Lawyer International Legal 100 (2017, 2018). Prestigious international rating agencies EMIS DealWatch and Mergermarket have ranked HAVEL & PARTNERS among the leading law firms by the number of transactions completed in the entire CEE region since 2009. Based on annual awards of the Acquisition International magazine, HAVEL & PARTNERS has become the Law Firm of the Year 2019 in the M&A category in the CEE region.

Firm's website: https://www.havelpartners.cz/en/

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