Vattenfall and HOFOR agree on sale of Amager CHP power station in Denmark
Vattenfall and Danish municipal utility HOFOR have signed an agreement regarding the sale of Vattenfall’s Amager power station in Denmark. HOFOR will take over the power station in Copenhagen with all current employees and all binding obligations. The enterprise value amounts to circa DKK 2bn comprising of a cash consideration of DKK 415m as well as other items relating to a repayment liability regarding prepayments from heat customers and demolition obligations.Amager power station comprises of two combined heat and power units with a combined electrical capacity of 314 Megawatt and a