KGAL impact fund acquires first solar project in Czechia

KGAL's latest green energy fund is acquiring its first solar asset in Czechia. The investment and asset manager says the 50 MW plant is due to connect to the grid in 2025. German asset manager KGAL said its KGAL ESPF 5 impact fund has purchased a planned 50 MW solar project in Czechia. The PVPP Saxonie project will be built near the city of Most, near the German border. The construction phase will begin shortly, with Prague-based developer Micronix responsible as the engineering, procurement and construction contractor. The electricity will mainly be marketed through a long-term power purchase ...

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