Vattenfall sells its Belgian operations
Vattenfall yesterday reached an agreement with the Italian energy company Eni regarding the sale of its Belgian operations for about 157 MEUR (about 1.4 SEK billion) on an enterprise value basis. The transaction comprises Nuon Belgium N.V., serving approximately 550,000 electricity and gas connections, as well as its subsidiary Nuon Wind Belgium N.V. and Nuon Power Generation Walloon N.V.Nuon Belgium serves around 550,000 electricity and gas connection points and has approximately 150 employees.. Nuon Belgium also holds 4.5 MW renewable energy capacity through its subsidiary Nuon Wind