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).

Lawyers

Practice Areas

Sectors

This might also interest you

Stek assists Stedin in transport capacity dispute

Stek successfully represented energy distribution system operator Stedin in summary proceedings before the Rotterdam District Court. Stedin was sued by …

Read more

Stek advises Foresco Group on the acquisition of Palletcentrale

Stek advised Foresco Group, leading provider of wooden pallets, packing services and pallet recycling, on the further expansion of its …

Read more

Stek advises In Ovo on its EUR 40 million EIB financing for innovative poultry technology

Stek advised In Ovo on its EUR 40 million EIB  financing to transform agriculture with innovative poultry technology. The agreement …

Read more