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Feb 2014

Bernitsas Law advises on privatisation of Independent Power Transmission Operator

Bernitsas Law advised a consortium comprised of Elia and IFM Investors in its participation in the tender procedure conducted by the Public Power Corporation (PPC) for the acquisition of 66% of the Independent Power Transmission Operator (IPTO / ADMIE).

Elia is Belgium’s electricity transmission system operator.

IFM Investors is a global investment services company active in the infrastructure, debt investments, listed equities and private equity sectors.

Lawyers from our Energy & Environment team also advised on the regulatory aspects of the procedure.