PwC Legal and PwC Germany BEW Solutions GmbH on the sale of heat generation plants at 140 locations
Berlin, July 8th 2025
A multidisciplinary team from PricewaterhouseCoopers Legal AG Rechtsanwaltsgesellschaft (PwC Legal) and PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft (PwC Germany) has comprehensively advised BEW Solutions GmbH (BEWS) – a 100% subsidiary of BEW Berliner Energie und Wärme GmbH (BEW) – on the sale of decentralized heat generation plants at 140 locations. PwC Legal provided comprehensive legal advice to BEWS on transaction structuring as well as drafting and negotiating the transaction documentation. PwC Germany acted as exclusive Lead M&A Sell-side advisor to BEW Solution on this transaction.
With this transaction, BEWS has sold the generation plants located outside of Berlin remaining after the exit from the Vattenfall Group in eight federal states, mainly in the greater Hamburg area. This is a consistent implementation step of the strategic realignment connected with the acquisition of BEW by the state of Berlin, with a focus on the heat transition in the capital.
With the closing on September 30, 2025, the majority of the assets affected by this transaction are transferred to EGC Energie- und Gebäudetechnik Control GmbH & Co. KG, an energy services provider from Düsseldorf.
The BEW, which was re-municipalized in May 2024, operates in Berlin not only the largest district heating network in Western Europe but also offers decentralized heat solutions through BEWS.
Advisors for BEW Solutions GmbH
PwC Legal:
Ivo Dreckmann, Dr. Jan Dietrich Harmjanz, Dr. Danielle von Hegel, Julius Rodatz (all Legal Deals/M&A); Peter Mussaeus, Dr. Friedrich Kneuper, Thorben Kloppenburg, Björn Jacob (all Energy Law); Dr. Tobias Nuss, Gelena Minkov (both Real Estate Law); Heiner Mecklenburg, Justus Lucka (both Antitrust Law)
PwC Germany:
Steffen Apfel, Marco Minnerup, David Spohn, Miguel Bänfer (all Energy M&A); Jan-Philipp Sauthoff, Philip Martin, Osama Mohammad (all Valuation, Modeling & Analytics)
About PwC Legal Business Solutions:
In our global, rapidly changing business world, cooperation, restructuring, transactions, financing and social responsibility are topics that increasingly concern our clients. They need legal certainty for a wide range of complex tasks. That is why we advise them holistically and in close cooperation with PwC’s tax, human resources and finance experts and our international legal network in over 100 countries. Whether a globally active company, a public corporation or a wealthy private individual, every client has a personal contact at our firm who supports them responsibly in all matters of commercial law. In this way, we help our clients to secure their economic success in the long term.
PwC Legal Business Solutions in Germany. More than 370 lawyers at 18 locations. Integrated, tech-powered legal advice.
About PwC:
At PwC, we help clients build trust and reinvent so they can turn complexity into competitive advantage. We’re a tech-forward, people-empowered network with more than 370,000 people in 149 countries. Across audit and assurance, tax and legal, deals and consulting we help build, accelerate and sustain momentum. Find out more at www.pwc.com.
In this document, PwC Germany refers to PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft, which is a member firm of PricewaterhouseCoopers International Limited (PwCIL). Each member firm of PwCIL is a separate and independent legal entity.
The term PwC refers to the PwC network and/or one or more of the legally independent network companies. Further details can be found at www.pwc.com/structure.
