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Verbund Leaves Turkey

Published: November 23, 2012; 15:24 · (Vindobona)

The Austrian energy group sells its interest in Enerjisa to German E.ON. Verbund will re-focus on hydro power.

Verbund Leaves Turkey / Picture: © Verbund AG

As reported by Vindobona, Verbund was already said to sell its interest in the joint venture company “Enerjisa” to German E.ON in August. Now, the negotiations between Verbnd and the German energy group are almost finished. Verbund holds a 50% in Enerjisa. The remaining 50% are held by Verbund´s Turkish partner Sabanci Holding. Neither Verbund, nor E.ON nor Sabanci Holding…

This article includes a total of 210 words.

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