HBK Partners and Kertesz & Partners have advised Status Power Invest Zrt. on its acquisition of an additional 36% stake in Matrai Power Plant from EP Power Europe A.S., a Czech energy holding company. The seller was represented by Lakatos, Koves & Partners.
Once the transaction has closed, Status Power Invest Zrt. will hold a 73% stake in Matrai Power Plant.
Status Power is an affiliate of Opus Global, a company listed on the Budapest Stock Exchange since 1998. According to an Opus Global press release, “Matrai Power Plant is the largest coal-fired electricity power plant in Hungary, providing up to 13% of the national demand. Matrai Power Plant is currently the biggest economic unit in its area, Heves County, in Hungary.”
The HBK Partners team advising Status Power Invest Zrt. Included Partners Dora Halapi, Dusan Lasztity and Marton Kovacs and Associate Mate Vinglman and the Kertesz and Partners team was led by Managing Partner Jozsef Kertesz.