Kinstellar Advises Veolia on Acquisition of Prazska Teplarenska in Czech Republic

Kinstellar Advises Veolia on Acquisition of Prazska Teplarenska in Czech Republic

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Kinstellar's Prague office has advised Veolia on its acquisition of Prazska Teplarenska from EP Energy, a subsidiary of the EPH Group.

Financial details of the transaction were not disclosed.

Veolia is a French provider of water and waste management and energy services.

EPH Group is a Prague-based investor in efficient cogeneration, power generation, natural gas transmission, gas storage, and gas and electricity distribution and supply sectors across Europe.  

Prazska Teplarenska supplies heat to more than 230,000 households, offices, industrial enterprises, schools, and healthcare facilities in Prague.

Kinstellar’s team was led by Partner Kamil Blazek, Counsel Jan Lehky, Managing Associate Michal Forytek, and Senior Associate Adam Nemec.