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The Swedish energy producer Vattenfall has signed an agreement to sell its four German coal-fired power plants and its lignite mining assets to the Czech energy company EPH with its financial partner PPF Investments . The divestment represents a major step in Vattenfall’s shift towards more sustainable production.

WFES 2026 (World Future Energy Summit)
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WFES 2026 (World Future Energy Summit)

Vattenfall said its owner, the Swedish Government, still has to approve the deal, which is expected to be finalised in a couple of months.