Ministry of Economy of SR has acquired SPP a.s.
June 2014 — In 2013, the Government of the Slovak Republic, through its Ministry of Economy, decided to exercise its option to acquire 49% stake in SPP a.s. from EPH - Energeticky a Prumyslovy Holding. The main objective of the Slovak Government was to regain a management control over the largest national gas reseller and therefore to have a better control over gas prices for households. Financial details have not been disclosed.
SPP a.s. is he largest gas supplier in Slovakia providing combined supply of gas and electricity to households, companies and municipalities all over the country.
Our role in the transaction
Oaklins' team in Slovakia advised the buyer in this transaction.
Talk to the deal team
Related deals
Nexxtlab has successfully raised funding to support its growth
Nexxtlab, a Luxembourg-based energy technology company, has raised growth capital from an experienced international energy player. The investment marks an important milestone in Nexxtlab’s development and will support the company’s commercial expansion across Europe, continued product innovation and the further scaling of its energy management platform.
Learn moreEmpresa Eléctrica Cochrane has completed a corporate restructuring and liability management process
AES Andes S.A. has completed a corporate restructuring and liability management process that included the acquisition of Toesca’s indirect interest in Empresa Eléctrica Cochrane S.p.A. (Cochrane); the prepayment of Cochrane AES’s 5.50% 2027 international bond; the exchange of Cochrane’s BCOCH-A local bonds for new international bonds issued in Rule 144A/Regulation S format for US$485 million; and the merger between Cochrane and AES Andes.
Learn morePresight Solutions has been acquired by Banyan Software
Banyan Software, a leading acquiror and operator of mission-critical software businesses, has entered Norway with the acquisition of Presight Solutions AS, a SaaS company delivering advanced software for safety, operational integrity and regulatory compliance in high-risk industries. The transaction marks a new chapter for Presight, strengthening its ability to scale while preserving the product focus, sector expertise and customer trust built since its founding in 2003.
Learn more