DLA Piper has advised Cube Infrastructure Managers on the acquisition of MVV Energie CZ. Eversheds Sutherland reportedly advised the sellers.
Cube Infrastructure Managers is a Luxembourg-based independent management company focusing on European infrastructure investments.
MVV Energie CZ, a Czech subsidiary of German energy company MVV Energie AG, is a producer and distributor of heat in the Czech Republic. In 2021, the Czech company sold 690 gigawatts of heat and 170 gigawatts of electricity and had EUR 78 million in revenue.
DLA Piper’s team included Country Managing Partner Miroslav Dubovsky, Senior Associates Petr Samec, Jan Zidek, Marcel Janicek, and Jan Rataj, and Associates Pavlina Trchalikova, Jan Metelka, and Petr Varvarovsky.
Editor's Note: After this article was published, Eversheds Sutherland confirmed its involvement to CEE Legal Matters. The firm's team included Partners Marek Bomba and Bernhard Hager, Counsels Petra Konecna and Ondrej Benes, Senior Associate Jakub Verlik, and Associate Maroš Kandrik.
On January 9, 2023, Allen & Overy announced that it had advised Kommunalkredit Austria AG and Komercni Banka on the syndicated leveraged infrastructure acquisition financing of Cube Infrastructure Fund III’s purchase of MVV Energie CZ. The firm’s team included Bratislava-based Counsel Attila Csongrady and Senior Associate Peter Redo, Prague-based Counsel Petra Mysakova, Senior Associate Pavel Prihoda, and Associate Barbara Midova, and Luxembourg-based Partner Frank Mausen and Counsel Pierre-Henry Maroteaux.