MergerLinks Header Logo

Announced

Stadtreinigung Hamburg to acquire the remaining 55% interest in Rugenberger Damm waste incineration plant from Vattenfall.

Synopsis

Stadtreinigung Hamburg, a waste management company, agreed to acquire the remaining 55% interest in Rugenberger Damm waste incineration plant from Vattenfall, an energy company. Financial terms are not disclosed. "We are pleased that we have reached a good agreement with Stadtreinigung Hamburg for all sides, including MVR employees. With this modern plant, we have been recycling waste from Hamburg households in close and good cooperation with Stadtreinigung over the past 20 years, thus making a significant contribution to climate-friendly energy," Andre Bandilla, Vattenfall Europe Managing Director.

Show Details & Financials

Market Context

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US