Kinstellar advises Veolia Energie International on the acquisition of Slovak heat & power producer PPC Investments
August 2018 – Kinstellar has recently advised the Slovak branch of French energy giant Veolia Energie International on the acquisition of PPC Investments, which owns and operates a combined cycle natural gas-fired power plant near the Slovak capital, Bratislava. The transaction was finalised in July 2018 following the approval of the Slovak Antimonopoly Office.
PPC Investments, previously part of Czech investment fund Avant Energy, has operated a combined-cycle heat and power station in Bratislava since 1998 and is currently among the lead producers of power and heat in Slovakia. Avant Energy received several offers from local and international investment groups before agreeing on terms with Veolia. The addition of PPC Investments’ gas-fired power plant to Veolia’s portfolio will contribute to the French company’s goals of producing clean energy for sustainable growth.
The Kinstellar team in Bratislava consisted of Adam Hodoň (Partner), Viliam Myšička (Partner), Vladimír Šimkovic (Associate), Boris Stancl (Associate), and others.
For more information please contact Adam Hodoň, Partner, at , or Viliam Myšička, Partner, at .