Vattenfall makes an offer on a British wind company

Vattenfall announced on Thursday that it is to make an offer on Eclipse Energy UK Plc, a British company.

“As part of our strategy to reduce emissions, Vattenfall has ambitious plans within the renewable energy sector. Vattenfall’s view is that the UK is a suitable target market for its future renewables growth for a variety of reasons including a well-functioning support system, a deregulated and competitive market for electricity and an openness to foreign investment,” says Lars G Josefsson, CEO, Vattenfall AB.

Eclipse’s strategy is to develop, manage, and own projects dealing with renewable energy and natural gas. The company has a permit for the offshore wind farm project Ormond in north-western England, a 150 MW project, as well as natural gas projects, and five other wind power projects in southern Wales.

“Eclipse is a reputable and well managed company with good experience in this field and has developed important projects which are consistent with Vattenfall's business and ambitions”, says Lars G Josefsson.

Read more about the announcement:
http://www.vattenfall.com/www/vf_com/vf_com/Gemeinsame_Inhalte/DOCUMENT/360168vatt/5966205xpr/651665pres/P0293981.pdf

Vattenfall discloses this information pursuant to the Swedish Securities Market Act.


For further information, please contact:
Mark Vadasz, Head of Group Media Relations, phone: +46 (0) 70 344 61 50.
Klaus Aurich, Head of Investor Relations, phone: +46 (0) 8 739 65 14.


From Vattenfall's Press Office, telephone: +46 (0)8-739 50 10.