Verbund: Speculations about Increase in Sorgenia Stake

Energy › Energy Source ♦ Published: July 1, 2011; 17:22 ♦ (Vindobona)

The Austrian electricity company might sell its shares in Poweo and instead acquire its joint venture partner’s stake in Sorgenia.

Verbund: Speculations about Increase in Sorgenia Stake / Picture: © Vindobona.org

Speculations about Verbund’s future investment portfolio continue. According to a report by the Italian newspaper “Il Sole 24 Ore”, the Austrian electricity provider might acquire a stake from the industrial holding CIR to become the sole shareholder in their common joint venture Sorgenia. Verbund currently holds a 45% stake in the Italian company.

The group has recently…

or Log In

Fast News Search
Related News
Verbund to Restructure Its Portfolio (June 27, 2011)
Verbund: New Wind Farm in Romania (June 17, 2011)
Verbund Evaluating Future Options for Sorgenia (June 9, 2011)
New Chance for Verbund in Turkey (June 6, 2011)
Verbund: Development of Operating Result Positive (April 28, 2011)
Verbund Subsidiary Sorgenia Managed Turnaround (April 19, 2011)
Read More
Verbund, Electronics Industry, Energy Industry, Italy, France, Sorgenia, Poweo, M & A
Featured
See latest Vindobona Newsletter