EVN Concludes Acquisition of Stake in Inn Power Plants

Published: July 5, 2011; 13:09 · (Vindobona)

The Austrian electricity company purchased a 13% stake in Verbund’s hydroelectric power plants on the Inn river.

EVN Concludes Acquisition of Stake in Inn Power Plants / Picture: © Flickr

Following the approval granted by the German Federal Cartel Office, the closing of the acquisition of a 13% stake in Verbund Innkraftwerke GmbH by evn naturkraft Beteiligungs- und Betriebs-GmbH, a 100% subsidiary of EVN AG, took place on Monday. Thus EVN and Wien Energie each have a 13% shareholding in Verbund Innkraftwerke. The Supervisory Board of EVN already approved the transaction…

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EVN Concludes Acquisition of Stake in Inn Power Plants

The Austrian electricity company purchased a 13% stake in Verbund’s hydroelectric power plants on the Inn river.

Join us to succeed in Vienna!
Sign up to read articles for free and to get personalized updates on the events that interest you.