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Kinstellar Advises Veolia Energie International on Acquisition of Power Plant from Slovintegra

Kinstellar Advises Veolia Energie International on Acquisition of Power Plant from Slovintegra

Slovakia
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Kinstellar has advised Veolia Energie International on the acquisition of Slovintegra Energy from local investment group Slovintegra. Havel & Partners reportedly advised Slovintegra on the sale.

The acquisition included a purchase of a combined-cycle natural gas-fired power plant in Levice in southern Slovakia and the provision of balancing and ancillary services, and the operation of its own feeder pipe to the Eustream gas pipeline. The transaction was finalized in February 2019 following the approval of the Slovak Antimonopoly Office.

Veolia Energie International has been operating in Slovakia since 1992. The company’s main activities are production and distribution of heat and hot water, provision of services to industrial clients, design of energy solutions, and building management.

Established in 1995, Slovintegra focuses investing activities in new technologies, energy, and finance.

The Kinstellar team in Bratislava consisted of Partner Viliam Mysicka and Associate Vladimir Simkovic.

Editor's Note: After this article was published, Havel & Partners confirmed its involvements in the deal. Its team consisted of Partner Vaclav Audes and Senior Associate Tomas Navratil.

Havel & Partners at a Glance

HAVEL & PARTNERS, attorneys-at-law, with offices in Prague, Brno, Bratislava, Pilsen, Olomouc, and Ostrava, has a team of 220 lawyers, tax advisors and 500 employees in total, is the largest independent law firm in Central Europe.

Our clients include large international companies, leading Czech and Slovak firms, including strategic state-owned companies and public sector authorities, as well as medium-size businesses, individual entrepreneurs, and investors. We advise approximately 100 of the Fortune 500 companies, and almost 50 of the Czech Top 100 companies. HAVEL & PARTNERS currently provides its services to a total of 2,000 clients. We have the most comprehensive international support available to both Czech and Slovak law firms. We provide legal and tax advice in 12 world languages in more than 90 countries around the globe. Up to 70 % of the transactions we deal with involve an international aspect.

HAVEL & PARTNERS was named the best law firm operating in the Czech Republic by the prestigious British rating agencies Chambers and Partners (2020) and Who’s Who Legal (2018, 2019). It is also the most successful law firm, providing the most comprehensive legal services in the Czech Republic and Slovakia, based on the total number of all nominations and awards in all years of the Law Firm of the Year awards. The firm became the absolute winner of this competition four times in the last six years, receiving the main award Domestic Law Firm of the Year in the Czech Republic (2015, 2017, 2018, 2020) and ranking as one of the most recommended law firms in all categories of law. Our company is also a three-time winner of the Law Firm of the Year award for Best Client Services (2015, 2016, 2019). In the field of M&A, HAVEL & PARTNERS is the best law firm in the Czech Republic based on the annual International Advisory Experts awards (2018, 2019). In Slovakia, it also won the prestigious global M&A Today Awards (2013–2018) for Mergers & Acquisitions six times in a row, and repeatedly won first place in the ranking by Lawyer International Legal 100 (2017, 2018). Prestigious international rating agencies EMIS DealWatch and Mergermarket have ranked HAVEL & PARTNERS among the leading law firms by the number of transactions completed in the entire CEE region since 2009. Based on annual awards of the Acquisition International magazine, HAVEL & PARTNERS has become the Law Firm of the Year 2019 in the M&A category in the CEE region.

Firm's website: https://www.havelpartners.cz/en/