Greenpeace has expressed its interest to acquire Vattenfall's lignite mining assets in Germany after the Swedish company invited bidders in September 2015. The ecologist group has filed a letter of interest with Citigroup, which has been mandated to oversee the sale; the financial details of the offer have not been disclosed. Greenpeace aims to take over the lignite mines to keep lignite resources in the ground, prevent the opening of new mines and avoid CO2 emissions of about 1.2 GtCO2eq.
Vattenfall's lignite assets are mainly located in the states of Brandenburg and Saxony (Lusatia region) and correspond to the Boxberg, Jänschwalde, Schwarze Pumpe power plants, to Lippendorf block R power unit and to lignite mining activities (Jänschwalde, Nochten, Reichwalde, Welzow-Süd and Cottbus Nord). Ten hydropower plants located in the regions adjacent to the lignite assets are also offered for sale but only in conjunction with the German lignite assets (they will not be sold separately).
So far, two Czech companies, CEZ and MIBRAG (part of the EPH group) have submitted bids for Vattenfall's lignite assets.
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