TGS Baltic assisted investment company De Maria Project in acquisition of Energate

05.01.2021 TGS Baltic assisted investment company De Maria Project in acquisition of Energate

TGS Baltic assisted investment company De Maria Project in the acquisition of Energate, a natural gas distribution, sales and network development company in Estonia, from a group of private financial investors led by investment company Capital Mill.

Energate sells and distributes natural gas to over 2,600 household and commercial customers through its own network in 14 exclusive network areas in Estonia.

TGS Baltic’s assistance included legal due diligence, negotiating transaction documents and assistance at closing the transaction. Our team of experts was represented by partners Kadri Kallas and Kirsti Pent, senior associates Anu Kirss, Mari-Liis Orav, Triinu Järviste, Vitali Šipilov and junior counsel Mirko Kikkamägi.

Links to media coverage:

Capital Mill: Capital Mill owners sold gas infrastructure and trading company Energate

Delfi: Capital Mill tegi energiaettevõtte rahaks. Investorite huvi Eesti energiaettevõtete vastu on suur

Adaur: Capital Milli omanikud müüsid gaasiettevõtte Energate