RWE AG has sold its German supra-regional gas transmission network – which is comprised in Thyssengas GmbH – to infrastructure fonds managed by Macquarie Infrastructure and Real Assets (Europe) Ltd.. The sale is subject to the approval by the Supervisory Board of RWE AG as well as by the EU Commission and the competent merger-control authority.
Thyssengas is a fully functioning supra-regional gas transmission network operator with some 280 employees. It transports almost 10 billion cubic metres of natural gas annually, via a pipeline network of 4,100 kilometres.
Macquarie Group is a global provider of banking, financial, advisory, investment and funds management services acting on behalf of institutional, corporate and retail clients and counterparties around the world. Founded in 1969, Macquarie operates in more than 70 office locations in 28 countries. Macquarie employs approximately 15,500 people and had assets under management of €225bn at 30 September 2010.
A Linklaters team led by Dr Ralph Drebes (Corporate/M&A) has advised Macquarie comprehensively on this transaction.
Further team members were Dr Sebastian Daub, Dr Moritz von Schlabrendorff, Nils Röver, Ann-Catherine Hoffmann (all Corporate/M&A), Dr Tim Heitling, Dr Christian Hampel, Dr Ann-Christine Wiegemann, Sebastian Rohrer (all Energy), Michal Hlásek, Dr Eva Reudelhuber, Dr Friso Heukamp, Tobe Taiwo, Tobias Klupsch, Marilyn Sieff, Adriana zur Nedden, Dr Wolfram Distler, Oliver Sceales (all Financing), Daniel von Brevern, Dr Florian Fischer, Manon Brindöpke, Johannes Jacobs (all Competition), Dr Marc Oliver Banzhaf, Daniel Buchinger, Dr Fabian Hartwich, Nikolas Eschen (all Real Estate), Dr Carolin Reese (Public law), Matthew Devey, Vanessa Isabell Klesy (both Employment), Thomas Bader (Pensions), Oliver Rosenberg (Tax), Dr Christoph Ritzer, Dr Ingemar Kartheuser, Dr Daniel Pauly (all TMT).
