Company is latest foreign publicly owned entity to join lucrative UK market with plan to sell energy from windfarms to big business
A state-owned Swedish company has become the latest European firm to enter the UK’s lucrative energy market, as Britain’s appeal to continental power suppliers shows no sign of abating after the Brexit vote.
Vattenfall, which is 100% controlled by the Swedish government, is launching its first foray into UK energy supply as it joins a competitive field of European players including France’s EDF, German-owned E.ON and Npower, and Spanish-backed Scottish Power.
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Source: Guardian Climate Change