(Reuters) – German utility Uniper said on Friday it had agreed to sell its 1 gigawatt coal-fired power plant Datteln 4 to commodity trader and investment company ResInvest Group.
In addition to the coal infrastructure, the transaction also includes the associated heat generation facilities, the company added in a statement.
Reuters revealed on Wednesday that talks were underway on the sale of Datteln 4, the most valuable on a list of asset disposals required by the EU in exchange for approving Berlin’s 13.5 billion euro ($15.87 billion) bailout of Uniper in 2022.
The parties did not to disclose a purchase price.
A source familiar with the matter told Reuters that the plant, which has been operational since 2020 and supplies power to Deutsche Bahn, could be valued at around 1 billion euros, less than the 1.5 billion it cost to build.
($1 = 0.8504 euros)
(Reporting by Paolo Laudani in Gdansk, Editing by Friederike Heine)
