15 Oct 2014

KGAL Group

Funds advised and managed by KGAL Group (“KGAL”), a leading asset manager in Germany, announced today that they have entered into an agreement to acquire a majority stake in four photovoltaic plants, with a cumulated nominal power of 20 MWp, to be constructed by Langa SAS (“Langa”), a leading French renewable energy developer, EPC and operator. Langa will invest alongside KGAL Funds and will maintain a significant minority equity interest in all four PV plants.