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New Deal


Announced

Federal State of Berlin to acquire Berlin district heating business of Vattenfall for €1.6bn.

Financials

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Transaction Value£1,378m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Acquisition

Germany

Majority

Cross Border

heating services

Alternative Electricity

Private

Pending

Friendly

Single Bidder

Synopsis

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Federal State of Berlin, agreed to acquire Berlin district heating business of Vattenfall, a Swedish multinational power company, for €1.6bn. Vattenfall owns and operates ten large combined heat and power plants and thermal power stations in Berlin, along with 105 smaller combined heat and power units and various other facilities

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