Financial Times FT.com

Vattenfall to boost position in Britain

By Michael Kavanagh

Published: October 6 2008 23:12 | Last updated: October 6 2008 23:12

Vattenfall, the Swedish power company, will strengthen its position in the British market with the purchase of Amec’s UK wind energy development business.

The £126m acquisition of the lossmaking business from the UK engineering services company is part of a wider agreement between the two companies aimed at developing wind power in the UK.

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