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.