PV-Invest GmbH (“PV-Invest”), an established company in the renewable energy sector based in Austria, announces the intended entry of the Liechtenstein Group via Liechtenstein Beteiligungs GmbH (“LB”) as a shareholder.
PV-Invest is in final negotiations with LB about investing into PV-Invest through a capital increase / equity injection and through the acquisition of shares from the existing shareholders. After the transaction, the Liechtenstein Group will hold around 42% of the shares in PV-Invest. The majority of the shares remains in control of the managing directors of PV-Invest. The low double-digit million-euro equity injection is intended to enable PV-Invest to accelerate its expansion in the currently rapidly growing market for the construction and operation of photovoltaic power plants.
The signing of contracts is expected in the coming weeks, closing of the transaction is expected in 3-5months. The completion of the transaction will amongst others be subject to merger control clearance in Austria and North Macedonia.
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