Clifford Chance advised white energy GmbH and AvG GmbH, founders and shareholders of bio-methane supplier bmp greengas GmbH, on the sale of regional energy provider Erdgas Südwest.
Erdgas Südwest is a joint subsidiary of EnBW Energie Baden-Württemberg AG and OEW Energie-Beteiligungs GmbH. The transaction is still subject to antitrust clearance. The parties have agreed not to disclose the purchase price.
bmp greengas is based in Munich and one of the leading suppliers and service providers in the bio-methane market. By acquiring the bio-methane supplier Erdgas Südwest intends to amplify its portfolio in the renewable energies sector and expand its "green gas" business.
The Clifford Chance team led by partner Dr. Jörg Rhiel included associate Dr. Moritz Petersen (both Corporate, Frankfurt), partner Thorsten Sauerhering and senior associate Dr. Dominik Engl (both Tax, Frankfurt), partner Mathias Elspaß (Energy & Infrastructure, Düsseldorf) as well as partner Marc Besen (Brussels/Düsseldorf) and associate Anne Filzmoser (Düsseldorf, both Antitrust).