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Institute for Energy Economics & Financial Analysis: Germany's Euros2.6 Billion Sale of STEAG May Delay Company's Coal Phase-Out
October 27, 2023
CLEVELAND, Ohio, Oct. 27 (TNSres) -- The Institute for Energy Economics and Financial Analysis issued the following news release:

The announced sale of STEAG to a private equity investor puts the German state-owned power utility at risk of reneging on its new sustainability commitments and extending its hard coal phase-out by up to eight years.

Research from the Institute for Energy Economics and Financial Analysis (IEEFA) warns that instead of complying with STEAG' . . .

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