Vattenfall to sell German lignite operations
Vattenfall has today signed an agreement to sell Vattenfall’s lignite operations to Czech energy company EPH with its financial partner PPF Investments. The divestment represents a major step in Vattenfall’s shift towards more sustainable production. Germany remains a strategic growth market for Vattenfall.“Today we have signed an important deal for Vattenfall. This divestment of our lignite assets is good strategically but also financially given current and expected market conditions. We are now accelerating our shift towards a more sustainable production. The sale means more than 75