Vattenfall sells Nuon Deutschland GmbH

With commercial effect from January 1, 2010, Nuon Deutschland GmbH shall be sold to Südwestfalen Energie und Wasser AG. 

The sale must be seen agains the background of Vattenfall’s July 2009 acquisition of a 49% shares in the Dutch N.V. Nuon Energy.  The European Commission’s consent to this transaction came under the condition that Vattenfall sells Nuon Deutschland GmbH.  In August 2009, Vattenfall therefore started the process to sell Nuon Deutschland GmbH.

Source: Vattenfall Online

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