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16 March 2009 - SET Swiss Energy Trading AG

On 16 March 2009, the German Verbundnetz Gas Aktiengesellschaft (VNG) based in Leipzig and Swissgas, Schweizerische Aktiengesellschaft für Erdgas based in Zurich announced the formation of their joint venture SET Swiss Energy Trading AG. Headquartered in Zurich, the joint venture company seeks to optimize Switzerland's short-term procurement of natural gas while strengthening VNG's natural gas trading business.

Verbundnetz Gas Aktiengesellschaft was advised by Bär & Karrer. The team of Bär & Karrer included Michele Bernasconi (partner) and Phyllis Scholl (senior associate).

 

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