Cube Infrastructure Managers completed the acquisition of the Czech subsidiary of MVV Energie.

Cube Infrastructure Managers, an independent European mid-market infrastructure investor, completed the acquisition of the Czech subsidiary of MVV Energie, a German energy company. Financial terms were not disclosed. "MVV is proud of the development of MVV Energie CZ since the beginning of our engagement in the Czech market. We have made significant progress in reducing the carbon footprint of the assets and building a leading energy efficiency group. This is part of our strategic course which will make us climate neutral by 2040 and climate positive from then on. We firmly believe that we have found the right long-term owner in Cube to continue and accelerate the exciting path of MVV Energie CZ," Ralf Klöpfer, MVV Energie Executive Board Member.