Raiffeisen Bank International advised BlackRock Inc. and Renovalia Energy on the sale of a 15MW wind power plant to ALTEO

Raiffeisen Bank International AG, the exclusive Austrian MidCap Alliance member, advised the sellers consisting of BlackRock, Inc. and Renovalia Energy on the sale of 100% of the shares in Pannon Szélerőmű Villamosenergia Termelő és Értékesítő Kft., Hungary-based owner and operator of a 15 MW wind park, to ALTEO Energiaszolgáltató Nyrt., a Hungarian energy services provider and energy producer for an undisclosed consideration. The power plant generated 29.58 GWh of carbon-neutral energy in 2019. With this transaction, Raiffeisen Bank International AG has now advised on the two largest renewable energy M&A transactions in Hungary to date.

Raiffeisen Bank International

Advised in the sale of

Pannon Szélerőmű Villamosenergia Termelő és Értékesítő Kft., (sellers: BlackRock, Inc. and Renovalia Energy)

to

ALTEO Energiaszolgáltató Nyrt

Energy

MidCap Alliance