Czech EPH and PPF acquire Vattenfall lignite assets

Subject to approval by the Swedish government and regulators, the acquisition is expected to be finalised in the third quarter of 2016. EPH board member Jan Špringl is quoted as saying that EPH is ready to assume responsibility connected with the ownership of Vattenfall’s lignite assets in Germany despite the current harsh market conditions. Vattenfall’s assets constitute the second largest lignite coal mine and power plant complex in Germany.



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