Vattenfall and State of Berlin to negotiate exclusively about German heat business
Vattenfall and the State of Berlin signed a memorandum of understanding today to hold exclusive negotiations about the potential transaction of Vattenfall’s heat business in Germany. A decision about the sale is expected later this year, as per plan.After Vattenfall announced in May 2022 that it would strategically review its Berlin heat business, Vattenfall Wärme Berlin AG, a thorough process has been conducted with a number of parties involved. Today Vattenfall and the State of Berlin have agreed to make the ongoing negotiations about the potential transaction exclusive. The parties