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YARD ENERGY acquires majority stake in Crowdinvesting

YARD ENERGY increased its equity interest in Crowdinvesting to 80%. Through the acquisition of the majority stake in Crowdinvesting, the company behind Duurzaaminvesteren.nl, YARD ENERGY wants to give a boost to the energy transition. Duurzaaminvesteren.nl is the biggest investment platform for sustainable projects and companies in the Netherlands. Click…

Stek advises the lender in the financing of Solarpark Haarstdiek

Stek (Herman Wamelink, Claudia van Randeraat and Kersten Wierda (finance team) and Claudia Beele (due diligence)) advised the lender in the financing of Solarpark Haarstdiek, with Sunvest as sponsor, in Sleen, the Netherlands, reaching financial close in February 2021.

Stek victorious for Liander before ACM on costs cable route study

Stek has successfully represented energy distribution company Liander in a dispute resolution procedure before the Dutch energy regulator (ACM) initiated by a large wind park operator. The wind producer claimed that Liander had invoiced it for the costs of a cable route study in violation of the sector-specific rules. By…

Stek advises ASN Bank in the financing of Windpark den Tol

Stek advised ASN Bank in the financing of Windpark den Tol (www.windparkdentol.nl) in Netterden, the Netherlands, reaching financial close in January 2021.

Stek victorious for Kenter in civil liability dispute

Stek has successfully represented energy metering company Kenter in a civil claim lodged by a real estate rental company before the Gelderland District Court. By judgement of 2 December 2020 the court sided with Kenter that Kenter could invoke the limitation of liability clause in its general conditions, dismissed the…

Stek assists grid operators with transport capacity shortage on the electricity grid

Stek has assisted the grid operator Liander in a landmark dispute resolution procedure before the energy regulator Authority for Consumer and Markets (ACM) on the question when a grid operator may refuse the transport of electricity because it has reasonably no capacity available. By decision of 22 December 2020 ACM…

Stek advises the lender in the financing of Solarpark Koningspleij

Stek (Herman Wamelink and Kersten Wierda (finance team), Claudia Beele and Monique van Zutphen (due diligence team)) advised the lender in the financing of Solarpark Koningspleij, with Sunvest als sponsor, in Arnhem, the Netherlands, reaching financial close in December 2020.

Stek advises ABN AMRO Bank in the financing of Windpark Strekdammen

Stek (Herman Wamelink (finance team), Reijnoud Homveld, Claudia Beele and Monique van Zutphen (due diligence team)) advised ABN AMRO Bank in the financing of Windpark Strekdammen, with Pondera and Rebel als sponsors, in the port of Delfzijl, the Netherlands, reaching financial close in December 2020.

Stek victorious for Stedin in civil litigation against Essent

Stek has successfully represented energy distribution company Stedin in civil litigation against balance responsible party Essent (part of E.On) before the District Court Oost-Brabant. The claim of Stedin was based on an interpretation of the market processes and the roles of the various market parties with respect to corrected metering…