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Sunly and Alseva merge to form Sunly Polska

Sunly Group completed the merger of Sunly Assets and Alseva PRO in December. The combined entity will now operate under the name Sunly Polska.

The merger is expected to streamline operations and improve efficiency across Sunly's Polish portfolio by bringing project development and management under a single structure. Assets from Alseva PRO were transferred to Sunly Assets, which has since been registered as Sunly Polska. By joining forces, the project development expertise of Alseva PRO has been combined with the operational asset management of Sunly Assets.

The merger was executed under Polish commercial law, with Alseva PRO absorbed into Sunly Assets and subsequently deleted from the national register without liquidation. Formal notice will be published in the Economic and Court Gazette.

The move formalises a relationship that has been in place for several years. Sunly and Alseva have jointly developed solar projects in Poland since the early stages of the partnership, and the consolidation brings previously linked entities under a single corporate umbrella. (mg)