Dentons advised the electricity and gas provider E.ON Connecting Energies (ECT), a new international unit of E.ON Group, on the acquisition of the Russian company Noginsky Teplovoy Center (NTZ) from AMG Industrial Investment Corporation. NTZ provides heat and energy through a cogeneration plant to the Noginsk Industrial Park, located about 50 kilometers from Moscow. Tenants include leading companies such as the chemical and pharmaceutical group Bayer, the retail chain Metro and the Russian mobile service provider MegaFon. Closing of the transaction is conditional to obtaining Russian merger control approval and is scheduled to take place in spring 2014.

Additionally, ECT and DEGA, the Swiss parent company of AMG, entered into a long-term joint-venture agreement to build, own and operate on-site combined heat and power generation facilities for future similar industrial parks in Russia.

The Berlin and Moscow Dentons team led by partner Dr. Christof Kautzsch advised the buyer during the entire transaction – from due diligence to drafting and negotiating contracts (including contracts under Swiss law) and merger control approval in Russia. This demonstrates once again Dentons’ ability to provide seamless advice to cross-border clients.

Advisor E.ON Connecting Energies:
Dentons (Berlin): Dr. Christof Kautzsch (Partner), Judith Aron (Senior Associate, both leading), Dr. Daniel Barth (Counsel), Dr. Dennis Azara (Associate, all corporate/M&A)
Dentons (Moscow): Alexei Zakharko (Partner), Marat Mouradov (Partner), Nadezhda Gryazeva (Of Counsel), Sergey Gurdzhian (Associate, all corporate), Artashes Oganov (Associate, real estate)