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Stek successfully fends off civil claim of Nobian for Stedin

Stek has successfully represented energy distribution system operator Stedin Netbeheer B.V. (“Stedin”) in fending off a civil claim of Nobian Industrial Chemicals B.V. (“Nobian”). Before the Rotterdam District Court Nobian claimed that the court should order Stedin with transmission system operator TenneT TSO B.V. jointly and severally liable for payment…

Stek advises on Open Heat Grid Delft

The municipality of Delft is advancing towards providing affordable and sustainable heating to its residents with the establishment of a new district heating network in the Voorhof and Buitenhof neighborhoods. Recently, key stakeholders, including housing corporations Woonbron, Vidomes, Stedelink, and DUWO, along with heating network operator NetVerder, heat supplier InWarmte,…

Stek advises a syndicate of lenders with respect to asset-based financing provided to a supplier of IT equipment

Stek has advised a syndicate of lenders with respect to asset-based financing provided to a supplier of IT equipment. A syndicate of four lenders has provided an asset-based and revolving facility to a supplier of IT equipment with European presence.

Stek advises on the financing provided by Rabobank to Qbuzz for the purchase of new trains

Stek adviseerde de Coöperatieve Rabobank U.A. bij de financiering door de Rabobank aan Qbuzz. De financiering zal door Qbuzz gebruikt worden voor de aankoop van 10 nieuwe treinen van CAF (Construcciones y Auxiliar de Ferrocarriles). Stek heeft ook geadviseerd over de aankoop- en onderhoudsovereenkomst met CAF. De treinen zullen gebruikt…

Stek advises Rabobank on the financing of bus vehicles and charging infrastructure of EBS

Stek has advised Rabobank on the financing of bus vehicles and charging infrastructure of EBS in connection with the concession awarded to EBS for the region IJssel-Vecht (2022) and the increase of such financing for public transport in Lelystad and IJsselmond (2024). The financing has been applied towards the purchase…

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 two provinces and 21 municipalities. The investment further strengthens Stedin’s equity position and evidences the engagement of the public shareholders within the geographic service area of Stedin. This concludes Stedin’s…

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. (“SABIC”) over the allocation of costs for the transport of electricity via the closed distribution system of USG on the so-called Chemelot site (the “CDS”). Stek had already successfully represented…

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. The customer, a strawberry grower, was causing problems on the electricity grid by using too much transmission capacity. Liander successfully claimed that the customer should limit itself to the contracted…

Stek advised Foresco Group on the acquisition of De Haan Palletindustrie/UPC Pallets and Pallethandel De Boer

De Haan Palletindustrie/UPC Pallets and Pallethandel De Boer have become part of the Foresco Group as of 31 January 2024. De Haan Palletindustrie, together with its subsidiaries UPC Pallets and Pallethandel De Boer, sell more than 1.4 million pallets annually, two-thirds of which are recycled and one-third newly manufactured. In…