Clearwater acted as sole financial adviser to Mainova EnergieDienste GmbH on its acquisition of CAL Fernwärmebetriebsgesellschaft mbH.
Mainova AG, the parent company of Mainova EnergieDienste GmbH, is a full service supplier of electricity, gas and water. The company ranks among the 10 largest regional energy providers in German and is the largest in the federal state of Hesse.
Clearwater, led by partner Markus Otto, advised Mainova.