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Vattenfall to present 2011 results - new date

2/6/2012 6:31 AM EST
Vattenfall will release its full-year 2011 results on Thursday, 9 February.  The year-end report will be published on www.vattenfall.com at 09:00 CET.
Conference Call for analysts and investors
Commencing at 10:00 (CET), Vattenfall’s President and CEO Øystein Løseth and Peter Smink, acting CFO, will host a conference call presenting the results, followed by a question & answer session. The conference call will...

Vattenfall to present 2011 results

2/6/2012 3:00 AM EST
Vattenfall will release its full-year 2011 results on Thursday, 10 February. The year-end report will be published on www.vattenfall.com
Conference Call for analysts and investors
Commencing at 10:00 (CET), Vattenfall’s President and CEO Øystein Løseth and Peter Smink, acting CFO, will host a conference call presenting the results, followed by a question & answer session. The conference call will be...

Harald von Heyden leaves Vattenfall

1/16/2012 6:00 AM EST
Harald von Heyden, SVP Business Division Asset Optimisation and Trading, leaves Vattenfall and terminates his contract on 30 June 2012.
Harald von Heyden has, at his own request, decided to leave Vattenfall for personal reasons and move back to Norway. He has worked in Vattenfall's Executive Group Management since May 2010, first as Head of Trading and Coordination of Generation Management, and then as SVP...

Vattenfall completes the sale of Polish business

1/11/2012 9:45 AM EST
Today Vattenfall legally completed its sale of Vattenfall Heat Poland S.A. (VHP), the leading heat and electricity generation company in Warsaw, to the Polish gas company PGNiG S.A.
The sales agreement with PGNiG S.A. was signed and announced on 23 August last year. The purchase price amounts to PLN 3.016 billion (approximately SEK 5.9 billion).
The sale to PGNiG S.A. covers all VHP operations including the...

Vattenfall completes the sale of businesses in Finland

1/11/2012 3:05 AM EST
Vattenfall has legally completed its sale of the electricity distribution network and heat businesses in Finland to the Lakeside Network Investments consortium.
The sales agreement with Lakeside Network Investments – a consortium comprising of 3i Infrastructure plc, 3i Group plc, GS Infrastructure Partners and Ilmarinen Mutual Pension Insurance Company – was signed in December 2011, for a total enterprise value...

Vattenfall completes the sale of business in Belgium

1/10/2012 10:50 AM EST
Today Vattenfall legally completed its sale of Nuon Belgium NV and Nuon Power Generation Walloon NV in Belgium to ENI.
The sales agreement with ENI was signed in July 2011 for approximately EUR 157 million (about 1.4 SEK billion) on an enterprise value basis. The sale to ENI covers all of Vattenfall’s operations in Belgium.

The completion of this sale is another important step in implementing Vattenfall's new...

Vattenfall starts partnership in French hydropower

1/4/2012 3:25 AM EST
Vattenfall has reached a consortium agreement with three partners in France to be well prepared for the coming hydro concessions later this year. On the occasion of the renewal of French hydroelectric concessions, the four partners, ArcelorMittal, Rhodia, SNCF and Vattenfall join forces under the name Force Hydro to bid for the concessions tender to be launched by the French state in 2012.

Ingrid Bonde Deputy Chief Executive Officer and new CFO of Vattenfall

12/19/2011 6:00 AM EST
Ingrid Bonde has been appointed Deputy Chief Executive Officer and new CFO of Vattenfall. She will take her position from 1 July 2012, at the latest.
As Deputy Chief Executive Officer and CFO, Chief Financial Officer, Ingrid Bonde will increase her areas of responsibility. Besides Finance, she will also be responsible for the company’s Strategy and External Relations & Communications.

- I am delighted that...

Vattenfall sells electricity distribution and district heating businesses in Fin...

12/16/2011 2:00 AM EST
Vattenfall and LNI Acquisition Oy have signed an agreement regarding the sale of Vattenfall´s electricity distribution and heat businesses in Finland for a total enterprise value of approximately EUR 1.54 billion. The transaction is expected to be completed within the first quarter 2012.
Vattenfall today signed an agreement with LNI Acquisition Oy, a consortium comprising 3i Infrastructure plc, 3i Group plc, GS...

Vattenfall completes the sale of Polish GZE

12/13/2011 6:39 AM EST
The competition authorities have given green light to Vattenfall's sale of Gornoslaski Zakład Energetyczny (GZE), Vattenfall’s Polish electricity sales and distribution company. The buyer is Polish energy company Tauron Polska Energia S.A.
The sales agreement with Tauron SA was signed on 23 August earlier this year. The price, based on the enterprise value, is approximately 3.5 billion PLN (about 7.4 billion...

Vattenfall

Vattenfall’s vision is to be a leading European energy company. Vattenfall’s main products are electricity and heat. Today, Vattenfall generates electricity, produces heat and supplies energy to several million customers...

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