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Stek advises Noreco on acquisition of Shell Olie- Og Gasudvinding Danmark

Stek advised Norwegian Energy Company ASA’s (Noreco) wholly owned subsidiary, Altinex AS, on the acquisition of the entire share capital of Royal Dutch Shell Plc’s upstream assets in Denmark, Shell Olie- Og Gasudvinding Danmark B.V. for a consideration of USD 1.9 billion. Through this transaction, Noreco becomes the second largest…

Stek acts for Solar Works in EDPR investment

Stek advised Solar Works! B.V. and its shareholders on the equity investment by EDPR in the company. Solar Works makes solar energy products that help people in areas to have little or no access to electricity. Solar Works was founded in 2007 in the incubator of the Technical University of…

Stek advises Limburgs Energiefonds on acquisition Mijnwater

Stek advised Limburgs Energiefonds on the acquisition of Mijnwater from the municipality of Heerlen. Mijnwater provides for a cost effective operation and exploitation of heat and cold as a source of renewable energy by using mine water (mine passages of closed coal mines that have been filled with groundwater). Mijnwater…

Stek advises Nuon on acquisition of solar park projects

Stek advised Nuon on its acquisition of two solar park projects from developer Powerfield, and has an option to acquire a third solar park. In total, the three parks add up to 27.5 MW. The locations of the parks are in Coevorden (7 MW), Gasselternijveen (3,5 MW) and Dokkum (17…

Stek successful for distribution companies electricity and gas in appeal poceedings against method decisions

Stek has represented the representative organisation Netbeheer Nederland and the regional distribution companies Liander, Enduris and Coteq in appeal proceedings before the Administrative High Court for Trade and Industry (CBb) against the method decisions of the Authority for Consumers and Markets (ACM) for the regional distribution companies electricity and gas…

Stek advises all shareholders in Lagerwey Group B.V. in the sale of Lagerwey to the German wind turbine manufacturer ENERCON

Lagerwey is a Dutch designer and manufacturer of direct drive wind turbines, most of which in house. The company has been delivering sustainable wind energy since 1979. ENERCON is a leading international wind turbine manufacturer based in Aurich, Germany and operates in more than 30 countries. With this strategic investment…

Stek represents Stedin in the auction sale of Joulz Energy Solutions to Visser & Smit Hanab

Stek represented Stedin Group with respect to the auction sale of Joulz Energy Solutions (JES). It is planned that in the third quarter of 2018 the legal ownership of JES will transfer to Visser & Smit Hanab, a subsidiary of Royal VolkerWessels Group. JES is a specialist in complex medium…

Stek successful for Liander with respect to objections VEWM against transportation tariffs electricity 2018

Stek has successfully represented distribution company Liander in the objections procedure initiated by VEMW (the Association for Energy, Environment and Water) against the decision of the Authority for Consumers and Markets (ACM) setting the electricity connection and transportation tariffs of Liander for 2018. By decision of 25 May 2018 ACM…

Stek succesful for Liander in dispute with Notos Wind

Stek has successfully represented grid operator Liander in a dispute before the Authority for Consumers and Markets (ACM) pursuant to a complaint submitted by Notos Wind. Notos Wind argued that it has the right to a connection of more than 2 MVA to the local distribution grid. Liander has explained…