The EU Commission approves Vattenfall’s lignite business sale
The EU Commission on Thursday cleared the acquisition of Vattenfall’s German lignite business by the Czech energy group EPH and its financial partner PPF Investments.
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.
The ownership transfer is expected in the coming weeks.
The EU Commissions decision: http://europa.eu/rapid/press-release_IP-16-3161_en.htm