Vattenfall chief eager to sell German lignite plants

The chief executive of Swedish utility Vattenfall has reiterated his company’s desire to offload its lignite power plants in the Lusatia region of Germany.

Group CEO Magnus Hall told a press call in Stockholm on Friday that he wants to get rid of its lignite mines and coal-fired power plants in the Lausitz as soon as possible.
Magnus Hall
"We have no exact timetable, but we have said we will try to do it as soon as possible." Hall said. He has held talks with the Prime Minister of Brandenburg and Saxony, Dietmar Woidke (SPD) and Stanislaw Tillich (CDU), on the subject.

Mr Hall did not comment on whether the company had a buyer in mind, but said there would be a responsibility to look for one with a good record towards employees and the environment.

Vattenfall operates the second largest coal mining area of Germany and currently has five mines in Brandenburg and Saxony as well as several power plants. Around 8,000 people are employed in the Lusatian lignite industry.

 



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