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Vattenfall to sell electricity distribution business in Britain to Eclipse Power
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Vattenfall to sell electricity distribution business in Britain to Eclipse Power
Nov 17, 2025 2:19 AM

STOCKHOLM, Nov 17 (Reuters) - Swedish utility Vattenfall

said on Monday it had agreed to sell its electricity

distribution business in Britain, Vattenfall Networks, to

Eclipse Power.

"The sale supports Vattenfall's purpose to enable fossil

freedom and its commitment to financial discipline, enabling the

company to optimise resources and further invest in fossil-free

energy solutions," it said in a statement.

State-owned Vattenfall said it expected to finalise the deal

by the end of the year. It did not disclose the value of the

deal.

It said its other operations in Britain, which include

onshore and offshore wind, energy trading and district heating,

continue as normal.

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