China-CEE Fund, established by China Exim Bank, has acquired three solar power plants in the Czech Republic with a combined capacity of around 6MW.

As part of a share deal China-CEE Fund acquired three Czech subsidiaries of ContourGlobal, the US-headquartered generation firm that will now exit the Czech market.

The move marks the second renewable energy acquisition by China-CEE Fund in the Czech Republic this year following a solar asset deal completed in January.

Energy