Matters

TenneT acquires 40% of Germany’s extra-high voltage electricity transmission grid

November 1, 2009
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Matters

De Brauw has advised the Netherlands-based transmission system operator TenneT on the acquisition of E.ON’s 10.700 km extra-high voltage electricity transmission grid, which will double the size of TenneT’s transmission grid and make it owner of 40% of Germany’s extra-high voltage electricity transmission grid.

The sale by E.ON AG is due to its commitment vis-à-vis the European Commission to separate and divest its extra-high voltage transmission system business. This is TenneT’s first cross-border acquisition of a transmission system business.

 

Earlier this year De Brauw advised TenneT on the acquisitions of high voltage grids and ancillary assets from Enexis / Essent, Alliander / Nuon and Delta.

 

Team

Anja Mutsaers, Berend Crans, Constantijn Voogt, Jolling de Pree, Betta Aarts

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