Press release 2016-09-30
Vattenfall completes German lignite business sale Vattenfall has completed the sale of its German lignite business to the Czech energy group EPH and its financial partner PPF Investments. The transaction was completed 30 September 2016. The sale includes power plants Jänschwalde, Boxberg, Schwarze Pumpe, Lippendorf block R as well as open cast mines Jänschwalde, Nochten, Welzow-Süd, Reichwalde and the recently closed mine Cottbus Nord. Vattenfall discloses this information pursuant to the Swedish Securities Market Act. From Vattenfall’s Press Office, telephone: +46 8 739 5010.
Vattenfall is a Swedish, state owned, energy company with 28,000 employees with operations in Sweden, Germany, the Netherlands, Denmark, UK and Finland. Vattenfall supports the transition to a renewable energy system and has the objective to become a leader in sustainable energy production and thereby secure a reliable and cost effective energy supply.