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Dutch energy company Eneco to be sold via auction

Dutch energy company Eneco to be sold via auction

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The 53 municipalities that own Eneco voted by a large majority to sell the company in October last year

Amstredam: Dutch energy company Eneco will be privatised via auction, the company and its shareholders said on Tuesday.

The 53 municipalities that own Eneco voted by a large majority to sell the company in October last year, but the company’s board said it would prefer a stock market listing or partial sale that would ensure continuity as a renewables-oriented company.

Source: reuters
Anand Gupta Editor - EQ Int'l Media Network

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