JRD Energo Group Completes Sale of Hungarian PV Plant to Obton

Deal News | Feb 05, 2025 | CEE Legal Matters

JRD Energo Group Completes Sale of Hungarian PV Plant to Obton

Oppenheim and Invicta have successfully advised JRD Energo Group and its co-investors in the sale of their Hungarian photovoltaic power plant portfolio to the Hungarian subsidiary of Obton. The transaction involves a solar power plant portfolio with a 29.440 kilowatt capacity. On the acquiring side, Forgo, Damjanovic & Partners and Havel & Partners provided legal guidance to Obton. JRD Energo Group, headquartered in the Czech Republic, specializes in the development and operation of renewable energy facilities in Central and Eastern Europe. Obton, an investment and development firm, aims to build a diversified renewable energy asset portfolio across various territories. Detailed legal advisory teams were led by key partners and associates from all firms involved.

Sectors

  • Renewable Energy
  • Legal Services

Geography

  • Hungary – The transaction involves a photovoltaic power plant portfolio located in Hungary.
  • Czech Republic – JRD Energo Group, the seller in the transaction, is based in the Czech Republic.

Industry

  • Renewable Energy – The article discusses a transaction in the renewable energy sector, specifically involving photovoltaic power plants.
  • Legal Services – Multiple legal firms are involved in advising on the transaction, highlighting the role of legal services in the industry.

Financials

    Participants

    NameRoleTypeDescription
    JRD Energo GroupSelling CompanyCompanyA Czech Republic-based investor in the renewable energy sector.
    ObtonBidding CompanyCompanyAn investment and development company focusing on renewable energy assets.
    OppenheimLegal AdvisorCompanyProvided legal advice to JRD Energo Group for the transaction.
    InvictaLegal AdvisorCompanyCollaborated with Oppenheim to advise JRD Energo Group.
    Forgo, Damjanovic & PartnersLegal AdvisorCompanyProvided legal support to Obton in the transaction.
    Havel & PartnersLegal AdvisorCompanyWorked alongside Forgo, Damjanovic & Partners to advise Obton.