Asterion Industrial Partners to acquire energy utility STEAG in €2.6bn deal

Asterion Industrial Partners to acquire energy utility STEAG in €2.6bn deal

Investment management firm Asterion Industrial Partners has acquired the energy utility STEAG from Kommunale Beteiligungsgesellschaft (KSBG), representing municipal utilities across six German cities. The acquisition values STEAG at an impressive €2.6 billion, marking Asterion’s strategic entry into the German energy market. Commitment to Green Energy and Jobs With this acquisition, Asterion aims to supercharge STEAG’s […]