Gleiss Lutz has advised Riverstone Holdings LLC on an agreement with ENGIE S.A. to acquire a fleet of coal-fired power plants in Germany (Farge, Zolling and Wilhelmshaven) and the Netherlands (Rotterdam) representing a total installed capacity of approximately 2,350 MW of gross generation capacity. The closing of the transaction is subject to the customary regulatory approvals and expected during the second semester 2019.
Riverstone is an energy and power-focused private investment firm founded in 2000 with approximately US-$39 billion of capital raised. It focuses on buyout and growth capital investments in the exploration & production, midstream, oilfield services, power, and renewable sectors of the energy industry. With offices in New York, London, Houston, and Mexico City, Riverstone has committed nearly US$38 billion to more than 160 investments in North America, South America, Europe, Africa, Asia, and Australia.
The following Gleiss Lutz team advised Riverstone on the transaction: Dr. Cornelia Topf (partner, M&A), Dr. Tim Weber (both lead, partner, M&A), Dr. Marc Ruttloff (counsel), Markus Walter (both Stuttgart), Dr. André Lippert (all energy/regulatory, Berlin), Nina Ahlert, Antonius Mann, Michael Neher (all M&A), Svenja Bender (real estate, all Frankfurt), Dr. Rut Steinhauser (partner), Dr. Constanze Karwatzki (both employment, all Berlin), Dr. Stefan Mayer (partner), Dr. Ocka Stumm, Dr. Dominik Monz (all tax, all Frankfurt), Dr. Johann Wagner (partner), Dr. Hendrik Marchal (counsel, both tax), Jan Jost (M&A, all Hamburg), Dr. Dominik Braun, Andreas Schüssel (both competition/antitrust, Stuttgart).
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