Stek successful for energy distribution companies in appeal over network tariffs 2017-2021

Stek has successfully represented the regional electricity and gas distribution companies, through their representative organization Netbeheer Nederland, in an appeal before the Administrative High Court for Trade and Industry (CBb) against the method decisions electricity and gas for the years 2017-2021 of the Authority for Consumers and Markets (ACM). The appeal concerned the level of the weighted average cost of capital (WACC), the reasonable return on investment for the distribution companies. By judgment of 28 November 2019 the CBb has set the WACC slightly higher, as a result of which the return on investment of the regional distribution companies over the years 2017-2021 will be increased by approximately EUR 90 million.

Click here for the judgment (in Dutch).

 

Lawyers

Practice Areas

Sectors

This might also interest you

Stek advises Stedin on equity issue to 23 provinces and municipalities as new shareholders

Stek has advised grid operator Stedin Group on an equity issue of € 34,8 million to 23 new shareholders being …

Read more

Stek again victorious for USG on allocation of costs for the transportation of electricity to SABIC

Stek has successfully represented Utility Support Group (USG) B.V. (“USG”) in the continuation of its dispute with SABIC Petrochemicals B.V. …

Read more

Stek victorious for distribution system operator Liander in transmission capacity dispute

Stek successfully represented distribution system operator Liander in summary proceedings before the Gelderland District Court against one of its customers. …

Read more