Swissgrid Completes Acquisition of the Swiss Transmission Grid
On 3 January 2013, Swissgrid completed the acquisition of the Swiss transmission grid. This is a significant milestone in the history of the Swiss electricity industry. As from now, Swissgrid will not only be responsible for operating the grid, but also for maintaining, modernising and expanding it. Swissgrid and the previous owners of the transmission grid started the complex process of transferring the grid in 2009.
Bär & Karrer acts as legal advisor to Swissgrid. The team includes Rolf Watter (M&A), Phyllis Scholl (M&A, energy law), Markus Schott (energy law), Thomas Rohde and Corrado Rampini (Due Diligence), Thomas Stoltz (Notary), Ralph Malacrida (Financing) and Manuel Annasohn (M&A, energy law).