Under the agreement, Premier Energy will acquire the minority stakes it does not yet own in six of its renewable production plants as well as in a supply company in Hungary. At the same time, Premier Energy will sell its 51% stake in Alive Capital S.A. and Alive Capital D.O.O. Beograd to Omnia Capital B.V. As part of the transaction, Premier Energy will also receive up to €8 million in cash proceeds.
The transaction includes the acquisition by Premier Energy of a 20% stake in Ecoenergia S.R.L.; a 20% stake in Enex Nalbant Renewable S.R.L.; a 35% stake in Alive Wind Power One S.R.L.; a 49% stake in Alive Renewable Holding Limited; a 49% stake in Alive Capital Kft; a 100% stake in Da Vinci New Project S.R.L.; and a 100% stake in Alive Sun Power Two S.R.L. Upon completion of the transaction, Premier Energy will hold a 100% stake in all of these companies, further strengthening its renewable electricity production footprint. These entities will be vertically integrated within Premier Energy Furnizare supply business.
Both Da Vinci New Project S.R.L. and Alive Sun Power Two S.R.L. are currently wholly owned by Alive Capital S.A. As part of the transaction, these entities will become wholly owned by Premier Energy, while Premier Energy’s 51% stake in Alive Capital S.A. will be sold to Omnia Capital B.V. Premier Energy is also selling its 51% stake in Alive Capital D.O.O. Beograd, a Serbian supply entity, to Omnia Capital B.V.
Premier Energy will continue to use Alive Capital’s product offerings, including renewable asset management services, during a transitional period, while further developing its own renewable energy management capabilities, including balancing and technical asset management.
The overall transaction is expected to be accretive to Premier Energy from a profitability standpoint. Assuming the transaction had hypothetically closed on 1 January 2025, Premier Energy’s 2025 revenues would have decreased by approximately €181 million. However, the 2025 Net Income Attributable to Shareholders would have increased by approximately €2 million when excluding the interest expense associated with the development entities of Da Vinci New Project S.R.L. and Alive Renewable Holding Limited, and by approximately €1 million if such interest expenses are included. The Net Debt position of the Group as of December 2025 would have been approximately €4 million better.
Premier Energy will also receive up to €8 million in cash proceeds from the transaction, with the final amount being dependent on certain developments with the 3 solar parks which are about to be put into operation. No material IFRS gain or loss is expected to arise from the transaction in Premier Energy’s consolidated financial statements.
The transaction is expected to close in the 2nd quarter of 2026 and is subject to customary regulatory approvals, in particular those related to the 51% acquisition of Alive Capital S.A. by Omnia Capital B.V.