Hengeler Mueller advises RWE Deutschland AG on the Re-Pooling of the Grid Business
08. January 2013
Starting 1 January 2013, RWE Deutschland AG is re-pooling the grid business in Germany. Three new companies will start operative business within RWE Deutschland AG:
The Dortmund-based company Westnetz GmbH, a subsidiary of RWE Group, will be responsible for operating the electricity and gas distribution grids in Western Germany. Westnetz GmbH is one of the leading distribution grid operators in Germany with an annual turnover of approximately EUR 5 bn and some 5,300 employees. The distribution grid comprises 195,000 kilometres electricity grid and 26,000 kilometres gas transportation grid to provide about 7.5 million people with energy. RWE Netzservice GmbH, headquartered in Siegen, will manage the distribution of technical services, e.g. for operating equipment and facilities of all voltage levels and pressure stages including planning and management. RWE Metering, based in Mühlheim/Ruhr will be responsible for meter and counted measurands management, operation of metering points as well as meter services for 4.6 million electricity, gas and water meters.
Hengeler Mueller advises RWE Deutschland AG on this restructuring. The Hengeler Mueller team is led by partner Hartwin Bungert (Corporate, Düsseldorf) and includes partner Christian Hoefs (Labour, Frankfurt) as well as associates Dennis Schlottmann (Corporate, Düsseldorf), Katharina Gebhardt and Christian Häußer (both Labour, Frankfurt).