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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…

Stek successful for Axpo in public procurement procedure

Stek has successfully represented Axpo Solutions AG in a preliminary ruling procedure regarding a public procurement. The contracting authority, a consortium of ten organisations including several hospitals, had awarded Axpo a contract for the supply of natural gas. One of the losing candidates in the procurement appealed the decision of…

Stek advises Egeria and its portfolio company ilionx on add-on acquisition of Le Blanc Advies

Le Blanc Advies is an IT service provider that seconds IT consultants specialised in IT architecture and business analysis for (semi-)governmental organisations and operates as an academy for the training of both own staff and external parties. ilionx is a B2B IT service provider offering IT services and solutions and…

Stek victorious for Liander in acces-to-network case

Stek has successfully represented energy distribution company Liander in an urgent preliminary ruling procedure before the Gelderland District Court in Arnhem. The applicant in the procedure is connected to Liander’s electricity network and claimed additional transmission capacity. Liander had refused to grant the requested additional capacity, because of network congestions…

Stek acts for OFX in investment in Rabobank’s TreasurUp spin-off

Stek acts for Australian listed cross border payments specialist OFX in TreasurUp, a spin-off from Rabobank. The venture will spin-off through a series A funding round led by OFX and Rabobank. TreasurUp aims to become the leader in online treasury solutions for banks globally. Please click here for the…

Stek advises Asper Investment Management Ltd in its first investments in Dutch sustainable heat networks

Stek advises Asper Investment Management Ltd in its first investments in Dutch sustainable heat networks. The projects are located in Ede and other fastgrowing municipalities. Stek advises Asper since 2019 with a multidisciplinary team (corporate, finance, regulatory) in relation to (the structuring of) its investments and projects. For more information…

Stek represents Partech in Series B investment in StuDocu

Stek advised Partech, a French VC investor focusing on tech and digital companies, in its $50 million Series B funding in StuDocu. StuDocu, an Amsterdam-based EdTech scale-up, has built a profitable business by way of a platform to help source and share the best student-created class notes.  On their mission…

Stek advises ZonnepanelenDelen on the documentation for Zonlease

Stek (amongst others Sharon Kaufmann as member of the finance and energy team) advised ZonnepanelenDelen on the documentation for Zonlease 1 B.V. (Zonlease).  ZonnepanelenDelen has incorporated Zonlease to meet the increasing need in the solar market for leasing solar panels. The financing of Zonlease takes place via the financing platform…

Stek advises 3i Infrastructure and Joulz on acquisition of Zonel Energy

Joulz acquired Zonel Energy. Zonel Energy is specialised in solar energy for industrial and commercial customers, provides total solutions for solar roofs and solar parks and advises on subsidies, financing, insurance, design and engineering. With the acquisition Joulz adds solar energy to its existing portfolio of metering, electrical infrastructure and…