Sun. Feb 5th, 2023

DUESSELDORF, Germany, Dec 6 (Reuters) – Swedish power group Vattenfall (VATN.UL) stated on Tuesday it was launching a bidding course of for its Berlin district heating enterprise and approaching traders.

Vattenfall stated it anticipated to resolve whether or not or to not promote the Berliner Fernwaerme enterprise within the first half of 2023.

The Berlin Senate has expressed curiosity in each the district heating enterprise and Vattenfall’s virtually 32% share within the capital’s gasoline provider GASAG.

The heating enterprise employs about 1,700 individuals and provides about 1.4 million households in Berlin with sizzling water and heating.

Reporting by Tom Käckenhoff
Writing by Paul Carrel
Modifying by Madeline Chambers

Our Requirements: The Thomson Reuters Belief Rules.

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