The Swedish energy group Vattenfall may sell its German brown coal business to the Czech EPH group. The Swedish government plans Vattenfall now agreed. It is the owner of the energy company.
“I have informed the company that we endorse the agreement of the Executive,” Economy Minister Mikael Damberg told reporters. The decline in electricity prices in Germany have Vattenfall and other companies added violently, so Damberg. In the governments in Brandenburg and Saxony, the decision on joy came -. Greenpeace contrast to sharp criticism
The sale of lignite activities in Lausitz at EPH and its financial partner PPF Investments should be completed August 31, informed Vattenfall. According to EPH both assets totaling 15 billion crowns assume (1.6 billion euros) and liabilities and provisions for the regeneration of lignite fields in the amount of 18 billion crowns (1.9 billion euros).
sale relates coal power plants and mines in Brandenburg and Saxony. Vattenfall, the three coal plants Jänschwalde and Schwarze Pumpe in Brandenburg, Boxberg and block R of the plant Lippendorf in Saxony and the related lignite opencast mines in the Lausitz. At EPH already belong to Germany, the mining company Mibrag headquartered in Zeitz (Saxony-Anhalt) and its subsidiary Helmstedter Revier GmbH (HSR) with the power plant Buschhaus.
Greenpeace demanded phasing out coal
In the Lausitz around 8,000 people, the group work. EPH had promised to take the Vattenfall collective agreement; by the end of 2020, there should be no compulsory redundancies.
“This is good news from Stockholm,” said Prime Minister of Brandenburg Dietmar Woidke (SPD). Now the uncertainty is over. “From the new owners, I expect it of its responsibility in the Lausitz is just like Vattenfall.”
Even Saxony’s Prime Minister Stanislaw Tillich (CDU) was pleased. The approval of the Swedish government will give the region security. “We will ensure that the company manages a smooth transfer of operations, also allow the buyer to meet its obligations undertaken.” Sachsen stand the EPH any time available for discussions.
The environmental organization Greenpeace demanded the other hand by the federal government to stop the sale and transfer the lignite division of Vattenfall in a state foundation. Since the World Climate Conference in Paris was clear that there should be no new opencast more. “Until the very latest 2030 Germany must get out of the coal. Both are can not be implemented with EPH as an investor,” said Greenpeace spokesman Karsten Smid.
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