News Digest Item
08 Feb 2018

Vattenfall generates annual profit for first time in five years

Reuters / Handelsblatt / Vattenfall

Swedish state-owned utility Vattenfall posted a pretax profit in 2017 despite sluggish electricity demand, helped in part by new wind power capacity, writes news agency Reuters. Vattenfall started operation of two new wind parks in 2017, one of them the offshore wind park Sandbank in the German North Sea, reports the Handelsblatt in a separate article.

Find the Reuters article in English here, the Handelsblatt article in German here and the Vattenfall release in English here.

Find background in the CLEW dossier Utilities and the energy transition.

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