# LEAG Innovative Energy acquires 20% stake in LEAG from PPF Investments

LEAG Innovative Energy, a subsidiary of EP Corporate Group, has signed an agreement to acquire a 20% stake in LEAG from PPF Investments. The deal is subject to regulatory approvals and will result in EPH controlling 50%, PPF Investments 30%, and LEAG Innovative Energy 20% of LEAG.

- Type: Acquisition
- Announced: 2023-12-13
- Where: Germany
- Status: announced
- Products: energy transition projects, renewable energy
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [EPH](https://endata.com/companies/36383.md) (investor)
- [LEAG](https://endata.com/companies/53192.md) (target)
- [LEAG Innovative Energy](https://endata.com/companies/74407.md) (acquirer)
- [PPF Investments](https://endata.com/companies/74408.md) (target)

## Sources

- [epenergytransition.cz](https://www.epenergytransition.cz/press-releases/leag-innovative-energy-acquires-20-of-leag-from-ppf-investments/), 2023-12-13: "LEAG Innovative Energy, a subsidiary of EP Corporate Group, announces an acquisition of a 20% stake in LEAG through a recently signed agreement which is subject to customary regulatory approvals."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.