Alpiq acquires Romanian EHOL

Aare-Tessin Ltd. for Electricity, member of Alpiq Holding Ltd has acquired the local energy provider EHOL Distribution. The transaction was closed on July 1, 2009, the parties refusing to disclose the value.EHOL administers large portfolio of industrial customers in Romania. With this takeover, Alpiq has become one of the top three end-customer providers in Romania and has further consolidated its position in the south-east European electricity market.As a result of the ...

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