TGS Baltic advised AB Amber Grid in selling 66% stake in Get Baltic, UAB to European Energy Exchange (EEX)

16.05.2023 TGS Baltic advised AB Amber Grid in selling 66% stake in Get Baltic, UAB to European Energy Exchange (EEX)

EEX is the world’s biggest gas spot exchange and the second largest in European gas futures trading. 

The buyer will have the right to acquire the remaining 34% of the shares at a later stage. Until then, Amber Grid will continue supporting further development of the gas business in the Baltics.

The transaction will create new opportunities for participants of the Baltic gas market to trade gas with the whole of Europe and benefit from the most innovative trading instruments.

TGS Baltic team represented the client in the entire transaction process, including the public tender procedure for selecting a strategic partner. Congratulations to the client and the project team.

The client was advised by Partners: Aurimas Pauliukevičius, Agnius Pilipavičius, Senior Associate Rūta Tikuišytė