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Energie Steiermark and Verbund Simplify Shareholding Structure

Published: December 5, 2012; 17:43 · (Vindobona)

Verbund sells STEWEAG-STEG shares to Energie Steiermark and is buying Energie Steiermark’s shares in Verbund Thermal Power.

Energie Steiermark and Verbund Simplify Shareholding Structure / Picture: © Verbund AG

Verbund, Austria’s leading electricity company and the largest producer of hydropower in Styria, and the Styrian supplier, Energie Steiermark, are simplifying their reciprocal shareholdings and therewith giving new power to the energy turnaround in Styria. Verbund will in future hold approx. 80% of Verbund Thermal Power and Energie Steiermark will hold around 20 %. Energie Steiermark…

This article includes a total of 522 words.

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