05 March 2018 I Deals and Cases
Bär & Karrer Advises Swissgrid, Pronovo and Foundation KEV on Outsourcing the Execution of the Network Surcharges and the Guarantees of Origin
On 1 January 2018 the revised Energy Act (EnG) entered into force. The Act stipulates that the execution of the network surcharge system as well as the issuing of guarantees of origin must be outsourced to a subsidiary of Swissgrid AG. With the founding of the Pronovo AG and the transfer of the respective activities, Swissgrid fulfills its legal obligations. At the same time, the dissolution of the Foundation KEV took place.
Bär & Karrer acts as legal advisor to Swissgrid, Pronovo and Foundation KEV in this outsourcing transaction, which involved also various departments of the Federal Government. The team includes Phyllis Scholl and Raphael Wyss (both Corporate, Energy), Thomas Stoltz and Raima Sherifoska (both Corporate, Notary).