Advising Energie AG Oberösterreich on the restructuring of the electricity distribution business of ENAMO GmbH
Following the withdrawal of Energie AG Oberösterreich and Linz AG from EnergieAllianz in 2006, the two companies formed the Upper Austrian Electricity Sales Alliance ENAMO. Energie AG held 65% and Linz AG 35% of the shares in the joint company. The ENAMO Group consisted of ENAMO GmbH, ENAMO Ökostrom GmbH, Energie AG Oberösterreich Vertrieb GmbH & Co KG and Linz Strom Vertrieb GmbH & Co KG. All electricity customers - from the largest industrial company to the smallest household - were supplied by the ENAMO Group companies. As a result of the restructuring of the sales networks, Energie AG Oberösterreich and Linz AG will again operate separately on the market from 1 April 2019 via their own sales companies.
At SCWP Schindhelm, this complex transaction was handled by a team of experts led by partner Dr. Wolfgang Lauß.
“After SCWP Schindhelm had already managed the withdrawal of Energie AG Oberösterreich from the EnergieAllianz in 2006 and the merger of the electricity distributors of Energie AG Oberösterreich and Linz AG to form the Upper Austrian Electricity Distribution Alliance ENAMO, SCWP Schindhelm considers the fact that Energie AG Oberösterreich relied on SCWP Schindhelm's consulting expertise for the restructuring of its electricity distribution business on the occasion of the takeover of Linz AG's shares in ENAMO to be proof of its many years of trust in the quality of our work.”
Energie AG Oberösterreich
Supplier of electricity, gas, heat, water, waste management and ICT services
Annual turnover of EUR 2 billion
Completion of the transaction: April 2019