Sweden's Vattenfall acquired the Dutch electricity and gas sales company, DELTA Energie, the company announced on Thursday.
DELTA supplies green electricity and gas to households and small and medium-sized companies, with a large part of its customer base in the Dutch province of Zeeland in the south of the Netherlands.
'Vattenfall is a strong partner for DELTA, and together the two companies will be able to take even greater steps to provide fossil free energy to customers. DELTA Energie will continue to operate from Zeeland as an independent company,' the company explained.
Vattenfall is only taking over DELTA Energie BV, but DELTA already supplies telecom services from DELTA Fiber Nederland and green electricity and gas from DELTA Energie, according to Vattenfall.
'With DELTA Energie we are strengthening our position in the Netherlands and are expanding Vattenfall's portfolio with a strong, green company that has a long history in Zeeland. The loyalty of DELTA's customers and employees alike is a perfect fit for us and for what we, as Vattenfall, stand for,' said Martijn Hagens, senior vice president and head of business area customers and solutions at Vattenfall.
'We are therefore very proud that we can embrace DELTA Energie. We want to make it possible to live free from fossil fuels within one generation, and can now include DELTA in our mission,' he added.
The parties have agreed not to disclose the commercial terms of the agreement. The acquisition is subject to positive advice from DELTA’s works council and approval from the Netherlands Authority for Consumers and Markets.
DELTA Energie has 120 employees and around 170,000 green electricity and gas customers
By Murat Temizer
Anadolu Agency
energy@aa.com.tr