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Alexander Dartsch is part of White & Case's M&A/Corporate practice group.
He advises national and international clients on mergers and acquisitions with a strong focus on the energy sector. Additionally, Alexander assists energy utility companies in regulatory affairs as well as in arbitrational matters and contract law.
Advised STEAG on regulatory requirements incl. promotion requirements under the German CHP-Act, project agreements and the sale of a 49% stake in its district heating company STEAG Fernwärme GmbH.
Advised a consortium consisting of STEAG GmbH and Bejing Capital Group in connection with the bidding process to acquire EEW Energy from Waste GmbH (EEW), the market-leading energy-from-waste company in Germany, from private equity investor EQT. We advised the consortium regarding the bidding procedure, due diligence, SPA negotiations, financing and merger control procedure. In the end, EQT has reached an agreement in principle to sell EEW to the competing bidder, Beijing Enterprises Holding, for approximately €1.4 billion.
Advised Nabtesco Corporation, a Japanese auto parts and industrial machinery company, on the acquisition of privately held Germany-based auto parts makers ITG Serienfertigung Fahrzeugteile and auto parts assembler ITG Kompressoren GmbH as well as on the acquisition of Ovalo GmbH, a company that develops high precision gears and mechatronic drive and suspension systems for automotive applications.
Advised Gasunie Deutschland Transport Services GmbH on the joint acquisition of jordgasTransport GmbH together with Open Grid Europe GmbH from Statoil Deutschland GmbH. Jordgas transport is a transmission system operator for natural gas. Together with Gasunie and OGE, the company owns the NETRA long-distance gas pipeline, having a total length of 341km. The gas pipeline has a transport capacity of approx. 58 million cubic metres per day, which is enough to meet up to 5.5 per cent of the demand for natural gas in Germany.
Advised Vattenfall GmbH on the disposal of the shares of energy supplier Vattenfall in the Lauta thermal waste treatment facility in Saxony (T.A. Lauta, 74.9%), as well as the industrial power plant (IKW) in Rüdersdorf near Berlin (100%) to STEAG. Together, the two plants have a waste incineration capacity of 475,000 t/a. We advised on the bidding process, on due diligence and in the bid submission, financing and merger control processes.