Linklaters advises Uniper on the sale of its district heating business to Steag Iqony Group

Linklaters is advising Uniper SE on the sale of Uniper Wärme GmbH. The buyer of the company is Iqony Fernwärme GmbH, a subsidiary of the Steag Iqony Group.

Uniper Wärme supplies more than 14,400 customers via its district heating network, which covers more than 750 kilometers in the Ruhr region.

The transaction is subject to the necessary regulatory approvals.

As part of its approval of the Uniper stabilization package under state aid law, the EU Commission had imposed various structural remedies that Uniper must implement. These include the sale of the district heating business in Germany.

Linklaters regularly advises Uniper on significant transactions, including the stabilization of the company in 2022.

The Linklaters team is led by Thomas Schulz (Partner, M&A/Energy, Berlin). Other team members include Prof Dr Markus Appel (Partner, Environmental and Planning Law, Berlin), Dr René Döring (Partner, Employment, Frankfurt/Munich), Dr Julian Böhmer (Partner, Tax, Düsseldorf), Dr David-Julien dos Santos Goncalves (Partner, Antitrust & Foreign Investment, Düsseldorf), Dr. Jan Endler (Partner, Public Commercial Law, Berlin), Christopher Bremme (Of Counsel, M&A/Energy, Berlin), Dr Ingo Klauß (Counsel, Antitrust & Foreign Investment, Düsseldorf), Rico Kaßmann (Counsel, Public Commercial Law, Berlin), Laura Marx-Pfälzner (Managing Associate, M&A/Energy, Berlin), Sebastian Meyn (Managing Associate, Environmental and Planning Law, Berlin), Dr. Luca Rawe (Managing Associate, Employment, Düsseldorf/Frankfurt), Dr. Benedikt Schewe (Managing Associate, Tax, Düsseldorf), Dr Ferry Bühring (Managing Associate, Public Commercial Law, Berlin), Lars Harzmeier (Managing Associate, Litigation, Arbitration & Investigations, Frankfurt), Dr. Maximilian Volmar (Associate, M&A/Energy, Berlin), Andreas Hofheinz-Bartole (Associate, M&A/Energy, Berlin), Dr Jens Weuthen (Associate, Environmental and Planning Law, Berlin), Lea Schürmann (Associate, Corporate/M&A, Düsseldorf), Dr. Max Robert Fuss (Associate, Tax, Düsseldorf) and Clara Raschewski (Senior Legal Technology and AI Advisor, Berlin).