The palette of Cashline Group’s current investments is extremely colourful. It spreads from agriculture through the financial services to the most innovative sectors of the industry. Cashline participates in the formulation of the strategy of these companies, as well as, in solving occasional daily operative tasks if required.
Mandok-Tuzser Photovoltaic Plant(HUN)
Among the first few completed PV investments, in the neighbourhoods of Mandok and Tuzser 17 PV plants have been built, with 0.5 MW nominal power, altogether 10.2 MW output performance. During the construction the latest technologies have been used. The companies are selling the generated electricity in the mandatory takeover system (KÁT). After the construction, the project was acquired by a European investment fund. At the time of the construction, the project was among the biggest plants in Hungary. This was the pilot project for Cashline, which established its solar department with experienced technical and financial employees, and gained extensive knowledge in the field of solar energy.
PannErgy Geothermal Power Plants Ltd. (HUN)
The aim of Hungary-registered PannErgy Geothermal Power Plants Ltd. is to establish projects utilising geothermal energy to produce heat and electricity jointly with local municipalities in Hungary and in the region. Currently, there are explorations and the realisation of the utilisation infrastructure on five settlements in Hungary. Cashline Group acquired minority interest in PannErgy Geothermal Power Plants Ltd. in 2009.Go to website
PannErgy Plc. (HUN)
Cashline group as financial investor has acquired minority ownership in PannErgy Plc that is a company listed at the Budapest Stock Exchange, included in the BUX basket, and is a premium share issuer.Go to website