Success Built on Experience

Project finance
(February 2025)

Volume: € 120.000.000

Corporate Debt
(December 2024)

Volume: € 1.100.000.000

Long-term financing structure / Financial advise
(December 2024)

Volume: n.a.

Long-term financing structure / Financial advise
(December 2024)

Volume: n.a.

Corporate Debt
(December 2024)

Volume: € 300.000.000

Long-term financing structure / Financial advise
(November 2024)

Volume: n.a.

Long-term financing structure / Financial advise
(October 2024)

Volume: n.a.

Support of the preparation of a strategic long-term planning by business divisions
(September 2024)

Volume: n.a.

Long-term financing structure / Financial advise
(August 2024)

Volume: n.a.

Corporate Debt
(August 2024)

Volume: € 325.000.000

Preparation of an integrated financial model at corporate level
(April 2024)

Volume: n.a.

Long-term financing structure / Financial advise
(April 2024)

Volume: n.a.

Corporate Debt
(March 2024)

Volume: € 200.000.000

Financial Modeling regarding H2 network
(October 2023)

Volume: n.a.

Long-term financing structure / Financial advise
(September 2023)

Volume: n.a.

Long-term financing structure / Financial advise
(September 2023)

Volume: n.a.

Preparation of a financial analysis for the H2 core network as part of an integrated financial model at corporate level
(September 2023)

Volume: n.a.

Financial Modeling regarding H2 network
(August 2023)

Volume: n.a.

Corporate Debt
(April 2023)

Volume: € 140.000.000

Planned sale of a power plant stake
(April 2023)

Volume: n.a

Long-term financing structure / Financial advise
(March 2023)

Volume: n.a.

Corporate Debt
(March 2023)

Volume: € 100.000.000

Long-term financing structure / Financial advise
(February 2023)

Volume: n.a.

“HKCF carried out the work with a high level of professional and social competence. The scope and quality of results met our expectations and served as a basis for further decision-making in the matter.” (Mike Karaschinsky – Head of Accounting, Nico Maciejewski – Head of Controlling, TEAG)

Long-term financing structure / Financial advise
(February 2023)

Volume: n.a.

Long-term financing structure / Financial advise
(December 2022)

Volume: n.a.

Financing analysis of a potential company acquisition
(December 2022)

Volume: n.a.

Realignment of the shareholder structure
(December 2022)

Volume: n.a.

Long-term financing structure / Financial advise
(September 2022)

Volume: n.a.

Long-term financing structure / Financial advise
(July 2022)

Volume: n.a.

Long-term financing structure / Financial advise
(July 2022)

Volume: n.a.

Planned acquisition/sale (26%) by several municipalities
(June 2022)

Volume: n.a.

Corporate Debt
(May 2022)

Volume: € 60.000.000

Planned sale of GAS-TSO (100%)
(May 2022)

Volume: n.a.

Development of a financing structure
(March 2022)

Volume: n.a.

Financial advise in connection with coal phase out
(December 2021)

Volume: n.a.

Project finance
(December 2021)

Volume: € 80.000.000

Corporate Debt
(December 2021)

Volume: € 300.000.000

Planned sale B2B sale business (100%)
(December 2021)

Volume: n.a.

Preparation of an integrated finance model at corporate level in the cause of the mid-term planning
(November 2021, February 2016, August 2015)

Volume: n.a.

Financing analysis for Kohlekraftwerk Wilhelmshaven
(October 2021)

Volume: n.a.

Long-term financing structure / Financial advise
(May 2021)

Volume: n.a.

Corporate Debt
(May 2021)

Volume: € 110.000.000

Corporate Debt
(March 2021)

Volume: € 135.000.000

Corporate Debt
(December 2020)

Volume: € 95.000.000

Corporate Debt
(December 2020)

Volume: € 80.000.000

Development of a long-term financing structure
(December 2020)

Volume: n.a.

Corporate Debt
(December 2020)

Volume: € 10.000.000

Buyback by municipal shareholder (10%) in Drewag from Thüga
(December 2020)

Volume: n.a.

Acquisition of Gas-Union GmbH from VNG AG
(October 2020)

Volume: n.a.

Foundation of a joint grid company by Stadtwerke Lübeck GmbH and HanseWerk AG
(July 2020)

Volume: n.a.

Support of the preparation of a strategic long-term planning by business divisions
(March 2020)

Volume: n.a.

Development of a financing structure
(January 2020)

Volume: n.a.

Planned acquisition of a supra-regional end customer portfolio in the area of heating electricity from E.ON Energie Deutschland
(November 2019)

Volume: n.a.

Corporate Debt
(October 2019)

Volume: € 60.000.000

Merger of a joint grid company by Süwag Vertrieb AG & Co. KG and Elektrizitätswerk Mittelbaden AG & Co. KG
(September 2019)

Volume: n.a.

Corporate Debt
(September 2019)

Volume: € 300.000.000

Valuation of NEW Group
(September 2019)

Volume: n.a.

Corporate Debt
(September 2019)

Volume: € 325.000.000

Planned acquisition of a stake in an industrial park by Gelsenwasser AG
(August 2019)

Volume: n.a.

Company valuation of Bergische Trinkwasser-Verbund-GmbH
(July 2018, May 2015)

Volume: n.a

Planned acquisition to a utility by Gelsenwasser AG
(May 2018)

Volume: n.a.

Debt advisory re funding options
(May 2018)

Volume: n.a.

Second opinion on options for action regarding a gas storage facility
(March 2018)

Volume: n.a.

Entry of new stakeholder through capital increase and debt restructury and project finance
(March 2018)

Volume: € 25.000.000

Company valuation for Stadtwerke Ingolstadt Beteiligungen GmbH
(March 2018)

Volume: n.a.

Corporate Debt
(February 2018)

Volume: € 60.000.000

Corporate Debt
(December 2017)

Volume: € 95.000.000

Structuring and implementation of acquisition financing
(December 2017)

Volume: € 600.000.000

Preparation of a financial analysis regarding Trianel Gasspeicher Epe GmbH & Co. KG (TGE)
(October 2017)

Volume: n.a.

Planned acquisition of a district heating company by Gelsenwasser AG
(October 2017)

Volume: n.a.

Corporate Finance for a business project
(September 2017)

Volume: n.a.

Corporate Debt
(September 2017)

Volume: € 25.000.000

Corporate Debt
(August 2017)

Volume: € 35.000.000

Sale of a sewage network to municipal company
(July 2017)

Volume: n.a.

Preparation of various financial analysis regarding the real estate portfolio
(May 2017)

Volume: n.a.

Disposal of a minority stake in VNG AG by SWE Stadtwerke Erfurt GMBH
(May 2017)

Volume: n.a.

Financial optimization of an investment in an offshore wind farm
(April 2017)

Volume: n.a.

Monitoring-Trustee to the European Commission in the gas transportation sector
(2010-2016)

Volume: n.a.

Corporate Debt
(September 2016)

Volume: € 210.000.000

Advise in the context of a structured debt financing of a coastal power plant project
(September 2016)

Volume: n.a.

Corporate Debt
(April 2016)

Volume: € 70.000.000

Valuation of Kreiswerke Main-Kinzig GmbH
(February 2016)

Volume: n.a.

Valuation of Stadtwerke Solingen GmbH
(December 2015)

Volume: n.a.

Strategic partnering concepts for the city´s energy transition
(September 2015)

Volume: n.a.

Preparation of a financial analysis as part of an integrated financial model
(September 2015)

Volume: n.a.

Planned acquisition of a wind farm developer
(July 2015)

Volume: n.a.

Financial analysis regarding the implementation of a structured debt financing
(May 2015)

Volume: n.a.

Financing of the future energy supply system of the City of Kiel at shareholder level of Stadtwerke Kiel AG
(May 2015)

Volume: n.a.

Valuation of selected shareholdings
(May 2015)

Volume: n.a.

Corporate Debt
(April 2015)

Volume: € 106.000.000

Corporate Debt
(December 2014)

Volume: € 30.000.000

Disposal of a minority stake in EAM GmbH & Co. KG to 109 concessionaires
(December 2014)

Volume: n.a.

Preparation of a financial analysis as part of an integrated financial model for various investment opportunities
(March 2015)

Volume: n.a.

Sale of a French renewable energy portfolio
(November 2014)

Volume: n.a.

Valuation of Trianel Group
(July 2014, June 2012, June 2010, March 2008)

Volume: n.a.

Strategic advise on positioning in pre-selected innovation areas in the energy sector
(November 2014)

Volume: n.a.

Strategic partner search for gas fired CHP project
(October 2014)

Volume: n.a.

Analysis of corporate financing and market sounding
(August 2014)

Volume: n.a.

Acquisition of the majority stake in E.ON Mitte AG from E.ON SE (today EAM)
(December 2013)

Volume: n.a.

Corporate Debt
(December 2013)

Volume: € 620.000.000

Sale of majority share (81%) from BEGA.Tec GmbH to Dahmen Rohrleitungsbau
(November 2013)

Volume: n.a.

Acquisition of a minority stake in Stadtwerke Lübeck GmbH from Ørsted (formerly DONG Energy A/S)
(August 2013)

Volume: n.a.

Support of the preparation of a business plan for an operator of natural gas filling stations
(2013)

Volume: n.a.

Disposal of biomass cogeneration plant Alperstedt
(March 2013)

Volume: n.a.

Share purchase of KEVAG – Koblenzer Elektrizitätswerk und Verkehrs-Aktiengesellschaft (Stadt Koblenz, Stadtwerke Koblenz GmbH, Energieversorgung Mittelrhein GmbH und Thüga AG) (today Energieversorgung Mittelrhein AG)
(December 2012)

Volume: n.a.

Financing Analysis for Stadtwerke Halle GmbH
(September 2012)

Volume: n.a.

Planned share purchase of Süwag Energie AG
(August 2012)

Volume: n.a.

Valuation report of VSE AG
(February 2012)

Volume: n.a.

Planned acquisition of Eurawasser GmbH & Co. KG
(December 2011)

Volume: n.a.

Financing analysis regarding Stadtwerke Duisburg AG
(April 2012, September 2011)

Volume: n.a.

Planned sale of a minority stake of an Offshore-Windpark (discontinued)
(2010/2011)

Volume: n.a.

Planned Acquisition of Górnośląski Zakład Elektroenergetyczy (GZE) of Vattenfall AB
(August 2011)

Volume: n.a.

Sale of a minority stake of EnergieVerbund Dresden GmbH in ENSO Energie Sachsen Ost AG
(July 2011)

Volume: n.a.

Divestment of selected assets of Dalkia GmbH, Germany to Danpower GmbH
(May 2011)

Volume: n.a.

Equity capital analysis
(March 2011)

Volume: n.a.

Sale of a minority stake in hard-coal fired power plant Rostock to RheinEnergie AG
(February 2011)

Volume: n.a.

Sale of a minority stake in Städtische Werke Aktiengesellschaft, Kassel to Thüga Aktiengesellschaft by Vattenfall Europe Sales GmbH
(December 2010)

Volume: n.a.

Divestment of 5000 MW in accordance with the commitments made to the EU Commission
(May 2010)

Volume: n.a.

Divestment of Nuon Deutschland GmbH by N.V. Nuon Energy (today lekker Energie GmbH)
(March 2010)

Volume: n.a.

Divestment of transpower stromübertragungs gmbh by E.ON AG to TenneT Holding B.V.
(February 2010)

Volume: n.a.

Divestment of the majority stake in WEMAG AG to Vattenfall Europe Sales GmbH
(January 2010)

Volume: n.a.

Sale of a stake in EWE AG to EnBW AG
(July 2009)

Volume: n.a.

Acquisition of a participation in Saarbrücker Stadtwerke AG by VSE AG
(February 2009)

Volume: n.a.

Equity private placement / minority equity stake
(January 2009)

Volume: € 10.000.000

Merger of CEGEDEL, SOTEG and Saar Ferngas for the reorganization of the energy supply in Luxemburg
(January 2009)

Volume: n.a.

Advise of Stadtwerke Remscheid, Solingen and Velbert on a planned merger
(2008)

Volume: n.a.

Planned acquisition of a participation in WSW Energie und Wasser AG
(2008)

Volume: n.a.

Planned acquisition of shares in Stadtwerke Leipzig GmbH (terminated by referendum)
(2008)

Volume: n.a.

Acquisition of a 42.83% share in Petrotec AG from Warburg Pincus
(September 2008)

Volume: n.a.

Acquisition of gas network and transport business of BEB Erdgas- und Erdöl GmbH from Gasunie
(July 2008)

Volume: n.a.

Fairness Opinion in the context of the public takeover offer of Robert Bosch GmbH
(July 2008)

Volume: n.a.

Advise on selection of a strategic partner
(2007)

Volume: n.a.

Advise on the preparation of a cooperation
(2007)

Volume: n.a.

Recapitalization of waste incineration plant MVA Weisweiler GmbH & Co. KG
(November 2007)

Volume: € 160.000.000

Divestment of Vattenfall Europe Contracting GmbH
(October 2007)

Volume: n.a.

Valuation of VNG AG
(January 2008)

Volume: n.a.

Advise on the further development of the electricity and gas activities of Stadtwerke Erfurt GmbH
(June 2007)

Volume: n.a.

Valuation of waste management operations
(February 2007)

Volume: n.a.

Fairness opinion for the advisory board of Techem AG with regard to the takeover offers of Macquarie and BC Partners
(January 2007)

Volume: n.a.

Advise on the use of a put option against E.ON Mitte AG
(December 2006)

Volume: n.a

Elaboration and implementation of a strategic concept as well as execution of a market test
(December 2006)

Volume: n.a.

Reorganization of the network activities of Stadtwerke Chemnitz AG
(October 2006)

Volume: n.a.

Sale of the stake holdings of Stadt Düsseldorf in RWE Umwelt West to Remondis on behalf of SWK Stadtwerke Krefeld
(July 2006)

Volume: n.a.

Sale of a participation by bayernwerk AG (previously E.ON Bayern AG)
(June 2006)

Volume: n.a.

Acquisition of Petrotec-Gruppe (Biodiesel) by Warburg Pincus
(May 2006)

Volume: n.a.

Recapitalization of Stadtwerke Cottbus GmbH
(April 2006)

Volume: n.a.

Valuation of E.ON Westfalen Weser AG
(April 2006)

Volume: n.a.

Partnering for Heizkraftwerk Nord
(February 2006)

Volume: n.a.

Advisory on the planned acquisition of a minority interest in Stadtentwässerung Herne
(February 2006)

Volume: n.a.

Advise on the social reorganization of the wastewater disposal division
(January 2006)

Volume: n.a.

Planned acquisition of a share in Stadtwerke Rüsselsheim
(2005)

Volume: n.a.

Planned acquisition of a minority stake in Stadtentwässerung Braunschweig
(December 2005)

Volume: n.a.

Planned acquisition of shares in a water supply company
(June 2005)

Volume: n.a.

Divestment of federal rights in the Federal Cavern at Etzel to STORAG ETZEL GmbH (previously IVG Caverns GmbH)
(April 2005)

Volume: n.a.

Public-law settlement of the wastewater contract – Takeover of the City of Oldenburg‘s (Holstein) sewage disposal service
(March 2005)

Volume: n.a.

Acquisition of a 25.1% stake in Energie und Wasser Lübeck GmbH
(January 2005)

Volume: n.a.

Sale of Stadtentwässerung Dresden by Landeshauptstadt Dresden
(August 2004)

Volume: n.a.

Sale of Stadtwerke Ahlen GmbH by Stadt Ahlen
(March 2004)

Volume: n.a.

Sale of LWG Lausitzer Wasser GmbH & Co. KG to EURAWASSER GmbH & Co. KG by Stadt Cottbus
(January 2004)

Volume: n.a.

Sale of a minority interest in EnW Bonn/Rhein-Sieg GmbH
(January 2004)

Volume: n.a.

Takeover of a minority interest in VNG and development of a strategic concept
(January 2004)

Volume: n.a.

Sale of EBV/WEP GmbH by RAG Aktiengesellschaft to Fernwärmeversorgung Niederrhein GmbH
(December 2003)

Volume: n.a.

Sale of Entwässerungsgesellschaft Cuxhaven mbH by Stadt Cuxhaven
(February 2003)

Volume: n.a.

Sale of Stadtwerke Cuxhaven GmbH to EWE AG
(February 2003)

Volume: n.a.

Sale of Stadtverkehr Lübeck GmbH by Stadt Lübeck
(December 2002)

Volume: n.a.

Sale of Stadtwerke Hanau GmbH
(December 2002)

Volume: n.a.

Acquisition of WINKRA-ENERGIE GmbH by Deutsche Essent GmbH
(October 2002)

Volume: n.a.

Acquisition of Agrupacio Energias Renovables SA by Harpen AG
(July 2002)

Volume: n.a.

Sale of a minority interest in Ruhrgas AG to E.ON AG
(July 2002)

Volume: n.a.

Sale of a minority interest in HEIN GAS GmbH by E.On AG
(July 2002)

Volume: n.a.

Sale of SWI Netze GmbH and SWI Energie GmbH to Stadtwerke Ingolstadt
(December 2001)

Volume: n.a.

Sale of Stadtwerke Göttingen AG
(December 2001)

Volume: n.a.

Acquisition of a minority interest in Stadtwerke Gütersloh GmbH
(November 2001)

Volume: n.a.

Takeover of a minority interest in HEW AG by Vattenfall Deutschland GmbH
(August 2001)

Volume: n.a.

Sale of a minority interest in Stadtwerke Solingen GmbH
(August 2001)

Volume: n.a.

Takeover of a minority interest in Main-Kraftwerke AG by RWE Plus AG
(May 2001)

Volume: n.a.

Takeover of a minority interest in KW Altwürttemberg AG by RWE Plus AG
(May 2001)

Volume: n.a.

Takeover of a minority interest in rhenag AG by RWE Gas AG and Thüga AG
(April 2001)

Volume: n.a.

Sale of a minority interest in Stadtwerke Bielefeld GmbH
(January 2001)

Volume: n.a.

Acquisition of a minority interest in Trithor GmbH
(April 2001)

Volume: n.a.

Acquisition of Energieversorgung Offenbach AG
(June 2000)

Volume: n.a.