Figene Capital Spólka Akcyjna : 18.08.2022 Press release DC Advisory to search for new FIGENE Capital investor

Warszawa, 18.08.2022

DC Advisory to search for new FIGENE Capital investor

FIGENE Capital has engaged DC Advisory, an international investment bank committed to making a difference, to identify a strategic investor for the Polish renewable energy sources (RES) company. FIGENE Capital is seeking an investor which would allow the company to pursue its strategy of developing its project portfolio and constructing wind farms and photovoltaic (PV) power plants. DC Advisory provides corporate finance expertise across 11 industry verticals, with 650 bankers in 22 locations,completing 159 transactions within the last twelve months.

FIGENE Group's long-term strategic goal is the development of a 700-megawatt (MW) RES project portfolio. The holding company's 2022-24 strategy calls for dynamic growth through acquisitions of new wind power installations and the launch of large-scale PV power projects. The company intends to generate revenue from the sale of energy and power purchase agreements (PPAs). Its plans also include maximizing the value of its portfolio in light of market liberalization resulting from changes to Poland's so-called10 H Act, as well as the use of "cable pooling" which optimizes the balancing of wind and solar energy sources.

In order to accomplish these goals, the FIGENE Capital holding company has decided to seek a financial or strategic investor. Established international investment bank, DC Advisory, will assist it in identifying potential partners. The financial resources obtained from the investor will be used to finance the construction of the company's ready-to-build (RTB) projects and the continued growth of its wind farm and PV project portfolio. The specific terms and nature of the transaction will be discussed with selected potential investors.

Financial investors are usually looking for a high rate of return on their investment which is difficult to achieve given the current geopolitical realities. We have ambitious plans for growth here at FIGENE Capital and operate in the RES sector, which is set for rapid expansion in the coming years. The new financial resources which we will secure will allow us to implement our investment plans and develop more RES projects. Given the high value of our asset portfolio, we believe that such an arrangement will be beneficial for both parties - explained Janusz Petrykowski, president of the FIGENE Capital Management Board.

DC Advisory has shown a deep understanding of our aspirations and business plans and has considerable expertise regarding the role and significance of RES-sector investments. DC Advisory's grasp of our company's strategy and the potential profitability of FIGENE's RTB projects has been critical to this process. Because of this, I am certain that we will soon find a valued partner who will join us in developing projects which will provide green energy for Polish business and industry - added Robert Koński, vice president of the FIGENE Capital Management Board.

address: FIGENE Capital S.A.	office: [phone]
ul. Nowogrodzka 6a lok. 35	e-mail: [e-mail]
00-513 Warszawa	www.figene.pl

Spółka wpisana do rejestru przedsiębiorców Krajowego Rejestru Sądowego prowadzonego przez Sąd Rejonowy dla m.st. Warszawy, XII WydziałGospodarczy Krajowego Rejestru Sądowego, KRS 0000292586, NIP 778-102-88-46,REGON 630520677, wysokość kapitału zakładowego wynosi 213 142 131,00 zł

We are delighted to partner with FIGENE Capital on this next phase of growth. The company's aspirations to make a difference not just to its client base, but to the planet, is impressive. We're looking forward to working with the team to realise their goals. Tod Kersten, Managing Director, DC Advisory Poland

DC Advisory is an international investment bank committed to making a difference. As part of an established global business, it offers access to over 650 professionals in 22 locations throughout Asia, Europe, and the US. Across 11 industry focused teams, it offers tailored, independent advice on M&A, debt raisings and restructurings, private capital and access to unrivalled Asia investment knowledge. For more information, visit http://www.dcadvisory.com/aboutus >

Kontakt dla mediów

FIGENE Capital S.A.

Michał Łoniewski

Rzecznik prasowy

M: [phone]

1. [e-mail]

O FIGENE Capital

FIGENE Capital S.A. to grupa energetyczna tworząca inwestycje OZE, sprzedająca i dostarczająca zieloną energię dla klientów biznesowych oraz usługi wsparcia dla rynku. Spółka jest notowana na rynku NewConnect. Obecnie posiada portfolio projektów farm wiatrowych o statusie gotowych do realizacji (RTB), niezależnie od zapisów ustawy 10H, mających zabezpieczone grunty oraz przyłącza, o potencjale mocy 118 MW i rocznej produktywności - ponad 322.000 MWh.

Celem nadrzędnym działalności Spółki jest zbudowanie znaczącego wolumenu produkcyjnego z jednoczesnym zabezpieczeniem sprzedaży energii elektrycznej w ramach wieloletnich kontraktów cPPA i możliwością wzajemnego bilansowania. Plany FIGENE Capital zakładają dalszy rozwój i rozbudowę mocy wytwórczych, czyli portfela projektów o mocy przekraczającej 700 MW.

Więcej informacji:

1. www.figene.plLinkedIn -FIGENE Capital

address: FIGENE Capital S.A.	office:	[phone]
ul. Nowogrodzka 6a lok. 35	e-mail:	[e-mail]
00-513 Warszawa		www.figene.pl

Spółka wpisana do rejestru przedsiębiorców Krajowego Rejestru Sądowego prowadzonego przez Sąd Rejonowy dla m.st. Warszawy, XII WydziałGospodarczy Krajowego Rejestru Sądowego, KRS 0000292586, NIP 778-102-88-46,REGON 630520677, wysokość kapitału zakładowego wynosi 213 142 131,00 zł