Stek advises Stedin on €200 million issue of cumulative preference shares

Stek has advised Stedin on the €200 million cumulative preference shares issuance to its municipal shareholders. This capital contribution strengthens the grid operator’s equity and is required for further investment in the energy transition. Stedin Group will require capital of €1 billion up to 2030 to properly streamline the energy transition over the next few years. Please click here and here for the press releases (in Dutch).