EPH Acquires Stake in West Burton Energy from TotalEnergies
Deal News | Jan 17, 2025 | CEE Legal Matters
Nedelka Kubac Advokati has advised Energeticky a Prumyslovy Holding (EPH) on its acquisition of a 50% stake in West Burton Energy. The stake was acquired from TotalEnergies. EPH, a Czech Republic-based company founded in 2009, primarily invests in the European energy sector. West Burton Energy, the target company, operates a 1.3-gigawatt gas-fired power plant and a 49-megawatt battery storage system in the United Kingdom. Despite inquiries, Nedelka Kubac Advokati did not comment on the transaction.
Sectors
- Energy
- Legal Advisory
Geography
- Czech Republic – EPH is based in the Czech Republic, and this is the location of the acquiring company.
- United Kingdom – West Burton Energy, the target company of the acquisition, operates in the United Kingdom.
Industry
- Energy – The article discusses the acquisition of a stake in an energy company operating a power plant and battery storage.
- Legal Advisory – Nedelka Kubac Advokati provides legal advice for the transaction, highlighting the role of legal advisory in M&A activities.
Financials
- 50% – The stake size acquired by EPH in West Burton Energy from TotalEnergies.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Energeticky a Prumyslovy Holding (EPH) | Bidding Company | Company | A Czech Republic-based company investing primarily in the energy sector. |
| West Burton Energy | Target Company | Company | Operates a 1.3-gigawatt gas-fired power plant and a 49-megawatt battery storage system in the UK. |
| TotalEnergies | Selling Company | Company | The company from which EPH acquired a 50% stake in West Burton Energy. |
| Nedelka Kubac Advokati | Legal Advisor | Company | Provided legal advice to EPH on its acquisition. |