Swedish power utility Vattenfall has announced the acquisition of the Dutch electricity and gas sales company Delta Energie, which serves about 170 000 electricity and gas customers, most of which are located in the Zeeland province (Netherlands). The Dutch firm will continue to operate as an independent company.
Vattenfall has a significant presence in the Netherlands and has several subsidiaries, including Nuon, Feenstra and Powerpeers. Nuon has a power generation capacity of 4.4 GW and produced 18.3 TWh in 2017, most of which from gas-fired power plants. In 2018, the company won the tender to build 750 MW of offshore wind capacity to be commissioned in 2022.
The acquisition is part of Vattenfall's strategy to increase its presence in the European residential electricity and gas market. The company claims to be the sixth European power supplier and supplies more than 10 million of customers in 7 European countries: Sweden, Germany, the Netherlands, Denmark, the United Kingdom, Finland and France.
Interested in Global Energy Research?
Enerdata's premium online information service provides up-to-date market reports on 110+ countries. The reports include valuable market data and analysis as well as a daily newsfeed, curated by our energy analysts, on the oil, gas, coal and power markets.
This user-friendly tool gives you the essentials about the domestic markets of your concern, including market structure, organisation, actors, projects and business perspectives.