Green Forum • 16 April, 2025 at 8:10 PM
Polish solar energy installer Columbus Energy has completed another sale of photovoltaic assets to renewable energy developer GoldenPeaks Capital.
A subsidiary of the Columbus Energy Group sold all shares in four special purpose vehicles (SPVs) to Nyx Renewable Energy sp. z o.o., a company affiliated with GoldenPeaks Capital. These SPVs are developing solar projects with a combined capacity of 3.48 MW. The transaction amount was not disclosed.
According to Dawid Zieliński, CEO of Columbus Energy, the deal was initially expected to close earlier but was delayed due to recent regulatory changes.
“The evolving legislative landscape for photovoltaic farm construction has led to delays in business transactions, even for projects that already hold grid connection approvals and building permits—what we refer to as ready-to-build (RtB),” commented Zieliński.
This sale marks the second phase of an agreement signed in May 2024 between Columbus and GoldenPeaks Capital for the sale of 30 photovoltaic farm projects. These projects, developed by 19 Columbus subsidiaries, have a total planned capacity of 28.077 MW.
The first tranche was completed in September 2024, when Columbus sold stakes in seven SPVs with a combined capacity of 6.25 MW to GoldenPeaks Capital.