Verbund is Said to Sell Stake in Turkish Enerjisa

Businessn.a. ♦ Published: September 6, 2012; 18:50 ♦ (Vindobona)

According to “Kleine Zeitung”, the Austrian energy group Verbund wants to withdraw from Turkey. German eon may purchase Verbund´s stake.

Verbund is Said to Sell Stake in Turkish Enerjisa / Picture: © Vindobona.org

For Verbund, the sale of Enerjisa is a „top-secret project“, insiders told „Kleine Zeitung“. However, eon and Verbund had talks already in August on the sale. Verbund did not comment the reports yet.

The sale of the 50% in Enerjisa would bring some synergies for Verbund. Verbund would completely withdraw from Turkey. In return, eon would cede interests in hydro power…