Veolia closes buy of biomass power plant in Hungary

By District Energy posted 01-11-2018 10:03

  

Renewables Now

Summary

A subsidiary of Veolia Environnement SA (EPA:VIE) has closed the acquisition of a 98% stake in the operator of a biomass-fueled combined heat and power (CHP) plant in Hungary.

More specifically, Veolia Energia Magyarorszag Zrt has completed the acquisition of the majority interest in Bakonyi Eromu Zrt on December 28, it announced Tuesday, without disclosing the financial terms of the deal.

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#Hungary
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