RENAIO Assets commences operations in Poland
Augsburg-based RENAIO Assets GmbH is on course for expansion: by founding a subsidiary in Wroclaw, Poland, the innovative investment company is continuing to grow in the hydropower sector and is increasing the diversification of its fund with the planned acquisitions in Poland.
Augsburg-based RENAIO Assets founded RENAIO Hydro Polska S.z.o.o., based in Wrocław, Poland, on October 31, 2019. The up-and-coming investment company RENAIO sees a large number of high-yield investment opportunities for small hydropower plants in Poland. With the start of operations in Wroclaw, RENAIO is opening up a further investment country for its portfolio and thus remains on course for growth as planned.
Six hydropower plants in Poland are currently in the review phase, with technical and economic due diligence having already begun for one power plant. The purchase process is scheduled for completion in 2019. The acquisition of a first power plant in Poland increases the diversification of the RENAIO Infrastructure Fund Hydropower as planned.
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