Berlin-based Vattenfall Europe has offloaded a 25% stake in Rostock hard-coal fired power plant to RheinEnergie, The Wall Street Journal reports. Financial terms of the deal were not disclosed.
RheinEnergie will also buy Rostock’s 24.6% share, which is currently held by RWE. EnBW will retain its 50.4% share in the power plant, which supplies district heating to the grid operated by the Stadtwerke Rostock municipal works.
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