Independent Power and Renewable Electricity Producers
Company Overview of Vattenfall Europe AG
As of September 2012, Vattenfall Europe AG was acquired by Vattenfall GmbH. Vattenfall Europe AG provides generation, procurement, distribution, trading, and sale of electrical energy, gas, district heating, and steam in Germany. The company generates energy from coal, water, nuclear power, and wind, as well as offers energy services. It also locates, extracts, processes, and refines raw materials, including lignite; and establishes and operates water extraction and treatment units, as well as procures and sells water for drinking and other purposes. In addition, the company operates in the area of reutilization and disposal of residues and waste; and offers its customers data processing and...
Key Executives for Vattenfall Europe AG
Vattenfall Europe AG does not have any Key Executives recorded.
Vattenfall Europe AG Key Developments
Vattenfall Announces Earnings Results for the First Quarter Ended March 2015
Apr 28 15
Vattenfall announced earnings results for the first quarter ended March 2015. For the quarter, the company reported net sales of SEK 45,377 million against SEK 45,912 million a year ago. Underlying operating profit was SEK 7,736 million against SEK 9,075 million a year ago. Operating profit was SEK 8,386 million against SEK 11,832 million a year ago. Profit after tax for the period was SEK 4,987 million against SEK 8,205 million a year ago.
Vattenfall Hired Citi For Sale Of German Assets
Nov 24 14
Vattenfall GmbH has hired Citigroup Inc. (NYSE:C) to sell its German assets, two people familiar with the situation said. The sale could raise $3.7 billion. Vattenfall and Citi declined to comment. Asian players might form a consortium to make a bid, one of the sources said.
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