BKW Netzbeteiligung AG in which CSA Energy Infrastructure Switzerland, an investment arm of Credit Suisse Investment Foundation, holds 49.9% and BKW AG, a listed Swiss power group, holds 50.1%, acquires 30.3% of the shares in Swissgrid AG, the Swiss high voltage grid operator, from Alpiq group (another Swiss power group) and resells a 4.4% stake in Swissgrid to Sireso, a Swiss consortium. The transaction was closed on December 14, 2016.
VISCHER advised Credit Suisse Anlagestiftung. The team led by partner Dr. Stefan Rechsteiner (Regulatory) included partners Dr. Felix W. Egli (Corporate M&A) and Dr. Robert Bernet (Corporate M&A) as well as the associates Thomas Krizaj (Corporate M&A) and Dr. Peter Kühn (Corporate M&A).