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July 16, 2009
Cologne,
Germany: Dutch Eneco Acquires Ecostream
Eneco
Holding N.V. in the Netherlands will take over the activities
of Ecostream, the German solar company. Until now Ecostream was
part of the Econcern group, which became insolvent at the end
of May. With Eneco as the new owner Ecostream will be able to
continue its business as usual.
Eneco
is one of the leading players in the Dutch energy market. Eneco
applies an integrated distribution strategy and specialises in
the production, transmission, trading, supply and metering of
energy (electricity, gas and heat) and related products and services.
Eneco is making a transition to becoming a sustainable energy
company and will continue to make substantial investments in the
area of sustainable energy in the coming years. In this process
the acquisition of Ecostream is a strategically important step
in order to extend the competencies in the solar sector.
Jeroen
de Haas, CEO of Eneco: “We are delighted that Eneco can build
on the experience of Ecostream Germany and expand its activities
in the German market. This acquisition is a further strengthening
of our sustainable strategy.”
Ecostream
is one of the leading system suppliers of solar power systems
in Europe. The company possesses wide experience, know-how and
market knowledge as well as a specialized team and an efficient
partner network.
“This
acquisition opens a chance for us, to continue our successful
business activities and to maintain our positioning as a leading
system supplier and project partner in the solar market even in
the future”, says Peter de Bree, managing director of Ecostream
Germany. De Bree continues: “With Eneco we have found a strong
new owner, who will share this challenge with us.”
Further details about: Eneco
and Ecostream
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