Azoty has agreed on the key terms of a transaction to acquire a 100% stake in Solarfarm Brzezinka, which operates a project to build a photovoltaic power plant with a capacity of at least 270 MWp. The company will have the exclusive right to finalize a preliminary conditional sale agreement until March 31, 2024. Per the Term Sheet executed on October 19, 2023, the deadline for acquiring 100% of Solarfarm and the value of the potential future transaction remain unchanged.

In October, Azoty Group announced its plan to acquire control of the Brzezinka photovoltaic power plant project by signing a preliminary conditional sale agreement by mid-December. At the time, it was indicated that the value of the stake acquisition would be EUR 37.8 million, assuming a power plant capacity of 270 MWp.