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Delta to sell ZeelandNet to EQT Infrastructure

Tuesday 6 December 2016 | 16:04 CET | News
Update: 6 December 2016 | 16:33 CET
Dutch utilities group Delta has agreed to sell its retail energy and cable telecom activities to EQT Infrastructure for EUR 488 million. The sale is part of the company's earlier announced strategic review and restructuring and follows a legal requirement in the Netherlands for energy companies to separate their production activities from distribution and commercial services. The sale still requires approval from Delta shareholders at a meeting planned for 23 February 2017, as well as clearance from regulator ACM and the works council.

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Categories: Fixed
Companies: Delta / Delta / ZeelandNet
Countries: Netherlands
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