K&M was retained to perform technical, commercial and market due diligence for the asset purchase and cross-border lease transaction of the Burgenlandische Erdgasversorgungs AG (“BEGAS”) natural gas transmission and distribution system. BEGAS owned four natural gas transmission and distribution systems: 1) Burgenland Edelstal, Kittsee and Pama, 2) Burgenland Nord und Mitte, 3) Burgenland Sud, and 4) Jennelsdorf consisting of low, medium and high pressure grids. The systems included 6 measuring stations, 119 reduction stations, and 25 isolation stations which serve approximately 40,905 connections. K&M’s scope of work included review and comment on engineering due diligence report, financial appraisal report, and swap agreement report.