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Czech buyers of German coal plants linked to Panama Papers

2016-04-08 17:19:00| Climate Ark Climate Change & Global Warming Newsfeed

Climate Home: Swedish utility Vattenfall poised to sell dirty lignite operations to Czech billionaires who used offshore accounts to buy yacht and property Vattenfall plans to sell its Germany lignite coal operations to Czech firms implicated in shady offshore dealing, it emerged on Friday. Energy company EPH and investment group PPF are set to take on the Swedish utility`s loss-making mines and associated power plants, Reuters reported. Climate campaigners are urging the Swedish government to block the...

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