News | 6. July 2011 Dresden
HKCF successfully advises Vattenfall on the sale of a minority stake in ENSO Energie Sachsen Ost to EnergieVerbund
HKCF Corporate Finance GmbH acted as exclusive M&A advisor to the Vattenfall Group on the successful sale of a minority stake in ENSO Energie Sachsen Ost AG to EnergieVerbund Dresden GmbH. The transaction represents a further step in Vattenfall’s strategic focus on its core markets and strengthens ENSO’s municipal shareholder structure.
Through the acquisition, EnergieVerbund Dresden GmbH – a consortium of regional municipal utilities – enhances ENSO’s local and regional positioning. The partnership between the companies in the areas of electricity, gas, and energy-related services is expected to deepen further as a result of the transaction.
HKCF Corporate Finance supported Vattenfall throughout the entire process, including transaction preparation, process structuring, investor coordination, and commercial negotiations through to successful closing.