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Kinstellar advises E.ON on the acquisition of a 49% stake in the Slovak electric utility Východoslovenská energetika Holding from RWE

September 2020 – Kinstellar’s Bratislava office has recently advised E.ON, one of the world's largest investor-owned electric utility service providers, on its acquisition of a 49% stake in electric utility Východoslovenská energetika Holding (“VSE”) from the German electric utilities provider RWE.

The transaction included negotiations with the Slovak state, which owns the remaining 51% of VSE. The value of the transaction has not been disclosed.

The deal—one of the largest transactions in Slovakia this year—is among the largest energy transactions in Slovak history. Based in the city of Košice, VSE provides electricity to approximately 500,000 customers in the Košice and Prešov regions in eastern Slovakia.

The Kinstellar team in Bratislava consisted of Viliam Myšička (Partner), Adam Hodoň (Partner), Roman Oleksik (Partner), Michal Hrušovský (Senior Associate), Lukáš Mrázik (Associate), Lívia Miklenčičová (Junior Associate), Matúš Kočíšek (Junior Associate), and others.

For more information please contact Viliam Myšička, Partner, at

e-mail

, or Adam Hodoň, Partner, at .