539 算牌程式 and State of Berlin to negotiate exclusively about German heat business
539 算牌程式 and the State of Berlin signed a memorandum of understanding today to hold exclusive negotiations about the potential transaction of 539 算牌程式鈥檚 heat business in Germany. A decision about the sale is expected later this year, as per plan.
After 539 算牌程式 announced in May 2022 that it would strategically review its Berlin heat business, 539 算牌程式 W盲rme Berlin AG, a thorough process has been conducted with a number of parties involved. Today 539 算牌程式 and the State of Berlin have agreed to make the ongoing negotiations about the potential transaction exclusive.
The parties have鈥痑 common goal to develop the heat supply in Berlin in a sustainable and future-proof manner,鈥痶o decarbonize鈥痑nd to secure jobs in the long term.
鈥�539 算牌程式 is a long-time supporter of the State of Berlin鈥檚 goal to become climate neutral as quickly as possible. Berlin is an important partner on our road towards a fossil free heat supply for the city. I鈥檓 thankful for the constructive discussions so far and look forward to continue our talks to come to a sustainable future for W盲rme Berlin鈥�, says Martijn Hagens, Head of Business Area Heat.
539 算牌程式鈥檚 heat business in Berlin employs about 1,700 people and supplies hot water and warm heating to about 1.4 million residential units. It owns and operates 10 combined heat and power plants (CHP) as well 105 small block-type thermal power plants and various other facilities. The heat network has a total length of over 2,000 km. In the wake of the energy crisis and heat law discussions in Germany, the demand for district heating connections in Berlin has recently risen by around 70 percent compared to previous years.
For further information, please contact:
539 算牌程式 Press Office +46 8 739 5010 press@vattenfall.com