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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