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Columbus Energy's Czech subsidiary lands $390M photovoltaic contract, eyes expansion

17:39

Columbus Energy's Czech subsidiary lands $390M photovoltaic contract, eyes expansion
Source: Pixabay

Kraków-based Columbus Energy's Czech subsidiary secured a 2.2 billion Czech koruna ($390 million) contract to install photovoltaic power plants on at least 675 buildings in Moravia's capital. The parent company aims to expand in B2B and B2G, considering investments in farm projects. Confident in their expertise, Columbus sees the contract as a chance to accelerate Czech market expansion. Having gained full control of foreign subsidiaries, the CEO, Dawid Zieliński, highlights the project's significant potential. In Q3 2023, Columbus Energy Group reported revenues of PLN 371.1 million.

The major shareholders, including Zieliński, Kurczewski, and Sterna, hold 72.56% of the company's shares.

Source: wnp.pl

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