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Stek advises Vattenfall/Nuon on the acquisition of 32 wind turbine positions from Windcollectief Wieringermeer

Stek advises Vattenfall/Nuon on the acquisition of 32 wind turbine positions of the members of Windcollectief Wieringermeer. As a consequence Nuon will own a total of 82 wind turbines (295 MW) at the future Wieringermeer wind farm, which will be the largest on shore wind farm in the Netherlands. Nuon…

Stek also successful for Alliander before District Court Rotterdam on permissible activities

In 2016 Stek successfully assisted Alliander before the Authority for Consumers and Markets (ACM) in the request for sanctions of RWE (Innogy) against Alliander’s subsidiaries Allego (electrical charging infrastructure), MPARE, EXE and HOOM. By letter of 9 Feburary 2016 and decision of 22 April 2016 ACM rejected this request for…

Stek successful for Tata Steel in dispute with TenneT

Stek has successfully represented Tata Steel Ijmuiden in a dispute resolution procedure before the Authority for Consumers and Markets. Tata Steel was the complainant in that procedure and argued that TenneT, the national electricity transmission system operator, had not adequately performed its statutory tasks. The background to the complaint is…

Stek assists new shareholders PVNED in obtaining ACM approval

Stek has assisted HVC, KAS Energy and Eneco in obtaining merger control approval of ACM (the Authority for Consumers and Markets) for their participation in PVNED. Previously PVNED was owned in equal parts by PZEM (previously DELTA) and Eneco; after the transaction PVNED is owned in equal parts by Eneco,…

Stek succesful for Eneco before the Dutch Advertising Code Committee

Stek has successfully assisted energy supplier Eneco in a complaints procedure before the Dutch Advertising Code Committee. The complaint was lodged against recent advertising by MKB Collectieven on behalf of energy supplier Total Gas & Power. In its decision of 16 May 2017 the Committee ruled that the advertising as…

Stek advises banks in financing trias geothermal project

Stek advised BNG Bank and Rabobank in the financing and the project due diligence of the Trias Westland project in the Netherlands. Trias will be the first to carry out drillings in the Triassic at a depth of 4 kilometres. For more information please refer to the press release.

Stek assists Stedin in acquisition of DNWG

Stek assists Stedin Holding N.V. in the auction sale by PZEM N.V.  (PZEM, previously named DELTA) of all shares in Zeeuwse Netwerkholding N.V., including, inter alia, regional network operator Enduris B.V. and De Netwerkgroep Infra B.V. (together DELTA Netwerkgroep or DNWG) for an enterprise value of EUR 610 million. The…

Stek advises Enercon in connection with Windpark Krammer

A banking consortium of ASN Bank, ING Bank, Rabobank and SMBC has agreed to provide financing to Windpark Krammer for the construction of 34 Enercon wind turbines on and around the “Krammersluizen” in the Province of Zeeland. With a total investment in excess of EUR 200 million and a total…

Stek advises shareholders of Nuts Group in sale to Waterland

Stek advises shareholders of energy company Nuts Group in the sale of 50% of Nuts Group to Waterland Private Equity. Nuts Group – through its Budget Energie and Elegant brands – provides green energy and gas to approximately 800,000 connections in Belgium and the Netherlands.