Pale Fire Capital investing in energy independence

Published: 03.03.2022 Related countries:  South Africa South Africa

Pale Fire Capital investing in energy independence

Pale Fire Capital will build solar capacities with an output of 20 MW. The expected volume of the investment is approximately EUR 15m, including bank financing. With this step, the investment fund is responding to the Russian aggression against Ukraine and it wants to strengthen the energy security and independence of the Czech Republic. Pale Fire Capital partner Jan Barta stated that this step should inspire other entrepreneurs in the Czech Republic to make similar investments not only in the field of photovoltaics, but also in energy savings, insulation or the creation of alternative energy sources.

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