Vattenfall starts bidding course of action for Berlin district heating organization

DUESSELDORF, Germany, Dec 6 (Reuters) – Swedish power group Vattenfall (VATN.UL) explained on Tuesday it was launching a bidding procedure for its Berlin district heating business and approaching interested buyers.Vattenfall stated it envisioned to decide regardless of whether or not to offer the Berliner Fernwaerme organization in the first 50 percent of 2023.The Berlin Senate has expressed desire in both of those the district heating company and Vattenfall’s pretty much 32% share in the capital’s gas supplier GASAG.The heating business employs about 1,700 individuals and materials about 1.4 million households in Berlin with very hot drinking water and heating.Reporting by Tom Käckenhoff
Composing by Paul Carrel
Editing by Madeline ChambersOur Requirements: The Thomson Reuters Have confidence in Rules.

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