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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

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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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