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Vattenfall wants to sell Berlin heating business – Handelsblatt – Reuters

ByINVESTOR

Oct 17, 2022

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BERLIN, Oct 17 (Reuters) – Energy supplier Vattenfall is preparing to sell its Berlin district heating business, which could be valued at more than 3 billion euros ($2.93 billion), German daily Handelsblatt reported on Monday, citing people familiar with the matter.

A spokesperson said that the company had started a process to strategically reassess Vattenfall’s heating business. “A decision could be made in early 2023,” said the spokesperson.

($1 = 1.0231 euros)

Writing by Miranda Murray, editing by Thomas Escritt

Our Standards: The Thomson Reuters Trust Principles.

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