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Baker McKenzie Advises EPH Group on Acquisition of PZEM Wholesale Business and Sloe Power Plant

Baker McKenzie Advises EPH Group on Acquisition of PZEM Wholesale Business and Sloe Power Plant

Czech Republic
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Baker McKenzie has advised Energeticky a Prumyslovy Holding on its acquisition of all shares in the Dutch PZEM Energy Company and PZEM Pipe and 50% of shares in Sloe Centrale Holding from PZEM. NautaDutilh advised PZEM.

According to Baker McKenzie, "in addition, EPH has signed an agreement to acquire the remaining 50% of the shares in Sloe Centrale Holding from EDF International." 

Sloe Centrale Holding owns and operates the Sloe gas-fired combined-cycle power plant, located in Zeeland, the Netherlands, with an installed capacity of 870 megawatts, according to EPH.

EPH is a European energy and infrastructure company with operations in the Czech Republic, Slovakia, Germany, Italy, Ireland, the UK, France, and Switzerland.

PZEM is a Dutch regional state-owned energy company that generates electricity, trades energy on wholesale markets, provides balancing services in power and gas markets, and offers customer solutions for producers and business end-users.

The Baker McKenzie team included Amsterdam-based Partner Mo Almarini and Associates Laila Kouchi and Max Nederlof, as well as a team from the firm’s Prague office.

Baker McKenzie did not reply to our inquiry on the matter.

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