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EY financial advisor to E.ON in sale of district heating network

EY financial advisor to E.ON in its divestment of a Swedish district heating network to Solör Bioenergy.

E.ON, the international energy company, has agreed to divest its district heating activities in Åkersberga, north of Stockholm, to Solör Bioenergy Group. Åkersberga is a fast-growing municipality and the biofueled district heating business delivers c 70 GWh heat per year.

 

Solör is a Nordic producer and distributor of heat, steam and electricity, primarily in the Swedish and Norwegian markets.

 

EY Corporate Finance, through its Nordic Energy and Infrastucture Corporate Finance team, acted as financial advisor to E.ON in the competitive transaction process.

 

Learn more of the transaction here.

 

Below you can find a selection of EY's recent deal alerts and you can also find a more extensive list on our Strategy and Transactions page.

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    Summary

    EY Corporate Finance financial advisor to E.ON in its divestment of its Swedish district heating network in Åkersberga, north of Stockholm, to Solör.

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