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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 advises Poeka Holding on the sale of Goed Gemerkt to CCL’s Avery

Poeka Holding sold all its shares in Goed Gemerkt, a manufacturer of durable, personalized “kids’ labels” for the Benelux and German markets (goedgemerkt.nl) to Avery, a division of CCL Industries. Avery is a worldwide leading manufacturer of printable labels and cards. Click here for press coverage on this…

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.

Stek successful for DONG, RWE and Eneco in reclaiming tens of millions of euros from Gasunie

Stek has successfully represented the shippers DONG Energy (DK), RWE Trade & Supply (D) and Eneco in reclaiming many tens of millions of euros in paid tariffs. It concerns tariffs for the WQA (Wobbe Quality Adaptation) service of Gasunie Transport Services (GTS) at the Gate LNG terminal in Rotterdam. By…

Stek advises Challenger Acquisitions on sale of the Starneth engineering group

Challenger Acquisitions has sold the engineering group Starneth to its chief executive officer Chiel Smits. Starneth is an engineer of giant observation wheels such as The London Eye and the New York Wheel. Challenger Acquisitions Limited is an investment fund in the entertainment and leisure sector that is listed on…

Stek successful for Dümmen Orange Group in civil court litigation

Stek has successfully represented three subsidiaries of the Dümmen Orange Group, a leading company in – amongst others – breeding and development of cut flowers and potted plants, in civil litigation before the Rotterdam District Court. Litigation was initiated by an agrarian employment agency challenging the rightful termination of several…