Poellath and Milbank advised EQT Infrastructure on the deal.
Together with GEH, which is held by the company’s founder Dr. Thomas Gerhold, the Swedish financial investor EQT Infrastructure III (“EQT”) sells the Magdeburg-based energy service provider G+E GETEC Holding GmbH to the Infrastructure Investments Fund (“IFF”), the infrastructure arm of JP Morgan.
Magdeburg-based GETEC Group is an energy supplier of heat and electricity to industrial and real estate customers operating across Germany and Europe. The company currently employs more than 2,000 people and operates more than 11,500 decentralized energy generation plants in Germany and neighbouring countries. They supply around one million people with heating, cooling and electricity, almost one third of which is generated from renewable energy sources.
The Poellath team included Dr. Barbara Koch-Schulte (Picture – partner, lead) and Dr. Michael de Toma (Associate).
he Milbank team was led by partner Markus Muhs and included partner Sebastian Heim (both Corporate/M&A, Munich), partner Alexander Rinne (Antitrust and Foreign Investment, Munich) and associates Wenzel Richter, Laura Treublein, David Schwenneker and Caroline Lutz (all Corporate/M&A, Munich), Nils Bremer (Antitrust and Foreign Investment, Munich), Sandra Feil (Corporate/M&A, Munich), Susanne Schricker (Antitrust and Foreign Investment, Munich) as well as transaction lawyer Antonia Fichtner (Corporate/M&A, Munich).
Involved fees earner: Nils Bremer – Milbank LLP; Sandra Feil – Milbank LLP; Sebastian Heim – Milbank LLP; Caroline Lutz – Milbank LLP; Markus Muhs – Milbank LLP; Wenzel Richter – Milbank LLP; Alexander Rinne – Milbank LLP; Susanne Schricker – Milbank LLP; David Schwenneker – Milbank LLP; Laura Treublein – Milbank LLP; Michael de Toma – P+P Pöllath + Partners; Barbara Koch-Schulte – P+P Pöllath + Partners;
Clients: EQT Infrastructure;