Vattenfall Sells Hillerod CHP Station

Vattenfall has signed a deal to sell Hillerød Combined Heat and Power Station in Denmark

The buyer of the CHP station and the northbound heat transmission line is Hillerød Forsyning. Simultaneously a deal has been struck with Vestforbrænding on buying a southbound heat transmission line from Hillerød CHP station.

Hillerød Forsyning is expected to take over the station formally during the first months of 2011.

Vattenfall acquired Hillerød CHP station in 2006 in connection with the purchase of parts of the former ENERGI E2. Hillerød CHP station produces electricity and heat and supplies heat to customers in North Sealand (Farum, Hillerød and Værløse). The station is natural gas based.

The decision is in line with Vattenfall’s new strategy (publicised in September 2010), the goal of which is to decrease the company’s CO2 exposure and focus operations on Vattenfall’s core markets Sweden, Germany and the Netherlands.