New Co-Ownership Rules Provide More Flexibility for Utility Operators Regarding Facilities Located in Common Areas

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New Co-Ownership Rules Provide More Flexibility for Utility Operators Regarding Facilities Located in Common Areas

07-08-2018

Licensed utility operators now have a statutory and cost-free right to construct, maintain or renew cables, pipes and associated facilities in common areas. This right is provided for by Article 577-2 §10 of the Civil Code, as amended by Article 162 (Title 6, Chapter I) of the Act of 18 June 2018.

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ENGIE Services Nederland N.V. has acquired Hydreco Geomec from HydroCare, a subsidiary of Brabant Water in a competitive auction sale. Hydreco Geomec is a rapidly growing company in the field of geothermal heat development and production with a solid mission: to contribute to the transition to sustainable energy with geothermal heat in the Netherlands.

Deal or case news

NautaDutilh advised ENGIE with the acquisition of Hydreco Geomec

ENGIE Services Nederland N.V. has acquired Hydreco Geomec from HydroCare, a subsidiary of Brabant Water in a competitive auction sale. Hydreco Geomec is a rapidly growing company in the field of ge...

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