Eneco to buy parts of bankrupt Econcern

Dutch energy company Eneco is to buy parts of green energy provider Econcern which was largely declared bankrupt on Friday.

Econcern filed for voluntary receivership in May after failing to agree a refinancing package.
Eneco is to buy parts of Econcern’s consultancy business Ecofys, its wind energy project development unit, Evelop and part of its biomass activities. The two companies are also in talks on Econcern’s solar power unit Ecostream.
Financial details were not disclosed.
Econcern employs about 1,100 staff in total and some 400 will move to Eneco, ANP said.
The company is best known for its involvement in the wind park off the coast at Ijmuiden.
Economic affairs minister Maria van der Hoeven told news agency ANP she was pleased that parts of the company had been saved because ‘expertise about sustainable energy will remain in our country’.

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