Ackermans, Electrabel to create green energy firm
BRUSSELS, Oct 28 (Reuters) - Belgian holding company Ackermans & van Haaren (ACKB.BR: Quote, Profile, Research) and Belgian energy company Electrabel (GSZ.PA: Quote, Profile, Research) will join forces to create a new renewable energy company, a spokeswoman for Electrabel said on Wednesday.
The spokeswoman declined to provide further details.
Belgian daily De Standaard reported the new firm would form a part of Ackermans & van Haaren's newly-created energy segment, one of five key sectors on which the holding focuses.
The Belgian government has asked French utility GDF Suez (GSZ.PA: Quote, Profile, Research), which owns Electrabel, to invest 500 million euros ($741.8 million) in renewable energy in Belgium from 2010 in return for an extended life for three Belgian nuclear reactors. [ID:nLC213771] (Reporting by Antonia van de Velde; Editing by David Holmes) ($1=.6740 Euro)
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