News
26 March 2020

First State to buy MVV stake - sources

In:
Power, Renewables, Transport
Region:
Europe

First State has agreed to buy a 45% stake in German utility MVV from EnBW and Rheinenergie, according to sources. MVV stated that an agreement in principle has been made for the holding, which has a market value of €750 million ($820 million). The city of Mannheim is retaining its 50.1%...

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