.
State-of-the-art gas-fired power station Magnum to support the transformation of power generation in the Netherlands through conversion to hydrogen
Site offers potential for further expansion of electrolyser capacities
In combination with CCS, Magnum and Eemshaven could become a cluster for negative CO2emissions
Transaction amongst others subject to the advice of Vattenfall’s works council
Agreed purchase price corresponds to an enterprise value of EUR 500 million
Roger Miesen, CEO of RWE Generation SE: “With the Magnum transaction, we are acquiring a state-of-the-art and already hydrogen-ready plant. Its use in combination with our existing power plant in Eemshaven, enables RWE to develop Eemshaven into
State-of-the-art gas-fired power station Magnum to support the transformation of power generation in the Netherlands through conversion to hydrogen
Site offers potential for further expansion of electrolyser capacities
In combination with CCS, Magnum and Eemshaven could become a cluster for negative CO2emissions
Transaction amongst others subject to the advice of Vattenfall’s works council
Agreed purchase price corresponds to an enterprise value of EUR 500 million
Roger Miesen, CEO of RWE Generation SE: “With the Magnum transaction, we are acquiring a state-of-the-art and already hydrogen-ready plant. Its use in combination with our existing power plant in Eemshaven, enables RWE to develop Eemshaven into
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