Vattenfall splits, writes down fossils

Vattenfall turned from profits to a major loss in the second quarter, writing down SKr ($4.6bn) in mostly Dutch and German fossil-fuel assets in response to “increasingly gloomy market prospects”.

Vattenfall in major restructuring, but says it will maintain renewable spending
Vattenfall in major restructuring, but says it will maintain renewable spending
Published 23 July 2013, 09:27Updated 26 September 2016, 14:11
Middle East & Africa