GESSEL advises SunRoof on an investment round top-up

31.01.2023 Case studies Mergers and acquisitions (M&A)

Following the first closing of SunRoof’s investment round in September 2022, within which it attracted financing to the tune of approximately EUR 15 mln (PLN 70 mln), the company – supported by GESSEL – worked with a consortium composed of the World Fund, Nordic Alpha Partners, and Legal&General Capital to boost this amount by another EUR 13.5 mln (PLN 63 mln).

In this way, the aggregate value of SunRoof’s investment round, led by Klima Energy Transition (Alantra earmarked fund), reached EUR 28.5 mln (approximately PLN 135 mln). The company will apply these funds towards its expansion plans in the European and American markets.

GESSEL’s contribution included drafting and negotiation of the investment agreement and of various corporate and technical documentation, finalisation of the transaction, and coordinating with counsel in other jurisdictions.

SunRoof is a start-up producing 2-in-1 solar roofs and intelligent energy management solutions. Its flagship product is an innovative roofing technology which doubles as a solar panel, eliminating the need to mount a separate solar panel array; SunRoof customers can also benefit from a complete energy management system.

Lawyers involved in the project

Edyta Podgórska

Managing Associate
Attorney-at-law

Mergers and acquisitions (M&A) | Corporate law

Edyta Podgórska

Katarzyna Zarzycka

Senior Associate
Advocate

Mergers and acquisitions (M&A) | Corporate law

Katarzyna Zarzycka

Rafał Smolik

Senior Associate
Attorney-at-law

Mergers and acquisitions (M&A) | Corporate law

Rafał Smolik

You may also like

15.03.2024

We advised Gaz-System on its purchase of Gas Storage Poland from Orlen

We provided legal support to Gaz-System S.A. in execution with Orlen S.A., on 14 March 2024, of a conditional share purchase agreement for a 100% stake in Gas Storage Po...

Case studies
We advised Gaz-System on its purchase of Gas Storage Poland from Orlen

07.03.2024

The President of the Office of Competition and Consumer Protection (UOKIK) has given further approval for the concentration of our long-standing customer ANWIM S.A.

On March 4, 2024, the President of the Office of Competition and Consumer Protection (UOKiK) issued another approval for the concentration of our long-term client Anwim ...

Case studies
The President of the Office of Competition and Consumer Protection (UOKIK) has given further approval for the concentration of our long-standing customer ANWIM S.A.
Wszystkie case studies

Do you want to be up to date?

Subscribe to the newsletter!