VERBUND AG INH. A
VERBUND AG INH. A
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ISIN: AT0000746409

DGAP-Adhoc: VERBUND AG: Continued operation of Mellach combined cycle gas turbine power plant

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DGAP-Ad-hoc: VERBUND AG / Key word(s): Strategic Company Decision
VERBUND AG: Continued operation of Mellach combined cycle gas turbine power plant

14-March-2017 / 13:06 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


In recent years, VERBUND has been evaluating all options for the Mellach combined cycle gas turbine power plant located at the Mellach site including its sale.

The management of VERBUND AG is announcing today that the sales process has been terminated as the purchase offers of potential buyers did not meet management's expectations.

New conditions in connection with the regulatory structure of the grid reserve will be evaluated in respect to the future use of the Mellach combined cycle gas turbine power plant.

Contact:
Andreas Wollein
Head of Group Finance, M&A and Investor Relations
T.: +43 (0)5 03 13 - 52604
F.: +43 (0)5 03 13 - 52694
mailto:[email protected]


14-March-2017 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


Language: English
Company: VERBUND AG
Am Hof 6A
1010 Wien
Austria
Phone: 0043-1-53113-52604
Fax: 0043-1-53113-52694
E-mail: [email protected]
Internet: www.verbund.com
ISIN: AT0000746409
WKN: 877738
Indices: ATX
Listed: Foreign Exchange(s) Wien (Amtlicher Handel / Official Market)

 
End of Announcement DGAP News Service

553929  14-March-2017 CET/CEST

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