Stadtwerke Kiel / MVV Energie

MCF advised Landeshauptstadt Kiel during the sale of 51% of Stadtwerke Kiel AG, which provides electricity, gas, water and heating to the residents of the German city Kiel and its surrounding counties. Landeshauptstadt Kiel had previously privatised Stadtwerke Kiel AG and sold the 51% stake to TXU Europe Group plc which subsequently went into insolvency and its stake was sold by the insolvency administrator to MVV Energie AG.