Vattenfall to sell German coal plants and mines to EPH

• 9 years ago (2016-04-19)
• David Flin

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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.

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