Vattenfall demands compensation

Dutch energy company Vandebron, the Triodos bank and the City of Amsterdam are behind an initiative to buy Hemweg 8, an old and inefficient coal-fired plant in the city (ed.). They have offered Vattenfall subsidiary Nuon the equivalent of some SKr 50 million for the plant, which they want to close as soon as possible.

Vattenfall has rejected the bid, and has instead demanded 55 million euros of the Netherlands to close the plant ahead of time.