Jan Chrenko
Partner
Jan Chrenko graduated summa cum laude from the University of Economics, Prague, in finance and company evaluations before studying international management at HEC in Paris. He worked at the UBS Investment Bank in London, where he specialised in structuring derivatives and investment banking. He subsequently returned to Prague, working at Penta Investments. Jan Chrenko is an expert at structuring transactions and securing the relevant financing for projects.
Since 2011, his primary focus has been the solar energy sector. He has managed and delivered the acquisition of 28 solar power plants, with a total capacity of 80 MW (owned or co-owned with Jiří Fast) with loans totalling CZK 6.7 billion (ČSOB, UniCredit Bank, Komerční banka, Raiffeisenbank, Česká spořitelna, PPF banka, Expobank and Equa bank).
Jan Chrenko is an active member of the Solární asociace (formerly CZEPHO), where his role is to present all types of calculations to the relevant domestic institutions (Ministry of Industry and Trade of the CR, Energy Regulatory Office, Czech Ministry of Finance and State Energy Inspection) and bodies of the European Commission (e.g. DG Competition and DG Energy).
In his relations with the relevant institutions, he has played a significant role in negotiating substantial issues. These include negotiations on the solar tax with the Czech Ministry of Industry and Trade and the Ministry of Finance, as well as negotiations and the preparation of documents in relation to the ongoing notification of sources brought into operation before 1.1.2013, which were subsequently submitted to the European Commission.
During the consultation period examining the possible prolongation of the solar tax and the resolution of matters concerning the notification of support for renewable resources, he gave several talks for the Czech Banking Association on the topic of calculating returns on solar power plants.