Announced
Financials
Sources
Tags
Acquisition
Germany
Majority
Cross Border
heating services
Alternative Electricity
Private
Pending
Friendly
Single Bidder
Synopsis
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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