KŠB Advises KGAL Investment Group on Acquisition of Key Solar Project
The development of Saxonie will launch soon near the town of Most, close to the German border. The project, which is one of the largest of its kind in the Czech Republic, will contribute significantly to increasing the share of green power plants in the Czech Republic's energy mix. The electricity generated in the PVPP will be sold primarily under long-term power purchase agreements (PPAs), making the project a significant contribution to strengthening the Czech Republic's energy self-sufficiency, security of electricity supply and sustainability.
KGAL's investment group has focused on real estate, sustainable infrastructure (especially renewable energies) and aviation since 1968 and manages investments of approximately EUR 16 billion. With the acquisition of the Saxonie project, KGAL is entering the Czech market, which is particularly attractive due to its ambitious renewable energy targets.
Other articles
KŠB "Scores" Major Infrastructure Win: The New Ball Sports Centre in České Budějovice
KŠB has advised on the execution of a construction contract for the Ball Sports Centre in České Budějovice, a major public infrastructure project set to become a new landmark for sport and community life in the region.
Suburbanization Trends and Sustainable Commuting: Will the Construction Act Amendment Change the Landscape?
The discussion surrounding the current proposal to amend the Construction Act (Parliamentary Print 67) has moved to the committee stage in the Chamber of Deputies following its first reading. The primary declared objective is the acceleration of construction, particularly regarding residential buildings. The shortage of affordable housing remains a pressing issue in major cities, both in the Czech Republic and abroad, giving rise to the pervasive trend of suburbanization. This raises the question: does the proposed amendment truly have the ambition to reverse this trend, and will an increase in housing construction alone suffice?
Success for KŠB’s Litigation Team
KŠB’s litigation team, led by Pavel Dejl and Hana Dejlová, has achieved a significant victory for a long-standing client in a dispute with the Czech Ministry of Justice concerning excessively lengthy court proceedings.
