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Legal advice for E.ON Energie, a.s. when buying a stake in Sun construct

8. 4. 2024

Press Releases

bpv BRAUN PARTNERS

Previously operating on a partnership basis, Sun Construct installed approximately half of the photovoltaic power plants delivered by the E.ON group to its customers last year. The companies have now decided to expand their partnership through a capital investment, with Sun Construct remaining independent from the E.ON group. Through this collaboration, the companies aim to enhance services to their customers and target new market segments.

Throughout the transaction, legal advice was provided by a team led by bpv BRAUN PARTNERS partner Mgr. David Vosol, M.B.A., and lawyer Mgr. David Plevka. One of the partners at bpv Braun Partners, Mgr. David Vosol, M.B.A., elaborated on their cooperation: “As part of comprehensive legal advisory to E.ON Energie, a.s., we assisted the client from initial negotiations to final transaction documentation, including structuring the joint venture and all related corporate matters. Our firm also provided advice on competition law.”

The Czech energy group E.ON employs over 3,000 staff and reported a post-tax profit of CZK 6.26 billion in the Czech Republic in 2022. Through its 66,000-kilometer distribution network, it supplies electricity to 1.5 million customers mainly in Southern Bohemia, Vysočina, and Southern Moravia, holding a market share of approximately 21%. In gas distribution, it operates a network exceeding 4,000 kilometers, serving 114,000 consumption points, with a gas market share in the Czech Republic of about 10.5%. E.ON Energie provides electricity and gas to over 1.4 million customers, both households and businesses.

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